Diminishing marginal utility: Difference between revisions
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The theory that consumption of each additional unit of a product or service results in the marginal utility decreasing. | The theory that consumption of each additional unit of a product or service results in the marginal utility decreasing. | ||
== See also == | == See also == | ||
* [[Marginal utility]] | * [[Marginal utility]] | ||
* [[Utility]] | * [[Utility]] | ||
[[Category:The_business_context]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] |
Latest revision as of 15:17, 22 June 2020
Economics.
The theory that consumption of each additional unit of a product or service results in the marginal utility decreasing.