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Showing results for marginal utility. Search instead for physical utility.

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

In a March 26 View From Chicago, Eric Posner misstated that the utilitarian imperative is to find the lowest 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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