Marginal utility/Definition: Difference between revisions
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imported>Nick Gardner (New page: The increase in the satisfaction experienced by a consumer caused by a unit increase in his possession of a product.) |
imported>Chris Day No edit summary |
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The increase in the satisfaction experienced by a consumer caused by a unit increase in his possession of a product. | The increase in the satisfaction experienced by a consumer caused by a unit increase in his possession of a product. | ||
Latest revision as of 22:37, 22 May 2008
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Marginal utility [r]: The increase in the satisfaction experienced by a consumer caused by a unit increase in his possession of a product.