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marginal utility

American  

noun

Economics.
  1. the extra utility or satisfaction derived by a consumer from the consumption of the last unit of a commodity.


Etymology

Origin of marginal utility

First recorded in 1920–25


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

And it has a marginal utility curve that only helps you so much.

From The Verge ● Mar. 2, 2021

It is to find the highest marginal utility of money.

From Slate ● Apr. 3, 2015

So, the pricing function has organically evolved to take advantage of the marginal utility of money. 

From Forbes ● Aug. 5, 2013

It was a thing of marginal utility, perhaps one of the most impractical of compact crossover utility wagons sold in the United States.

From Washington Post ● Apr. 27, 2012

We’d get back to our study of marginal utility another day.

From "All American Boys" by Jason Reynolds

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