Concept information
Preferred term
marginal utility
Definition
- the extra benefits or extra satisfaction a consumer derives from having each additional unit of a product or service; e.g., the benefit a golfer gets from having two golf balls rather than only one. [Source: Dictionary of Marketing Communications; Marginal Utility]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/marginal_utility
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}