law of diminishing marginal utility

law of diminishing marginal utility
закон спадної граничної корисності

The English-Ukrainian Dictionary. Economics, Finance, Banking, Investmentss, Bank Loans. . 2002.

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  • Law Of Diminishing Marginal Utility — A law of economics stating that as a person increases consumption of a product while keeping consumption of other products constant there is a decline in the marginal utility that person derives from consuming each additional unit of that product …   Investment dictionary

  • law of diminishing marginal utility — Econ. the law that for a single consumer the marginal utility of a commodity diminishes for each additional unit of the commodity consumed. * * * …   Universalium

  • law of diminishing marginal utility — Econ. the law that for a single consumer the marginal utility of a commodity diminishes for each additional unit of the commodity consumed …   Useful english dictionary

  • law of diminishing marginal utility — noun In economics, the theory there is a general decrease in the utility of a product, as more units of it are consumed …   Wiktionary

  • Marginal utility — In economics, the marginal utility of a good or service is the utility gained (or lost) from an increase (or decrease) in the consumption of that good or service. Economists sometimes speak of a law of diminishing marginal utility, meaning that… …   Wikipedia

  • marginal utility — Econ. the extra utility or satisfaction derived by a consumer from the consumption of the last unit of a commodity. [1920 25] * * * In economics, the additional satisfaction or benefit (utility) that a consumer derives from buying an additional… …   Universalium

  • Marginal use — As defined by the Austrian School of economics the marginal use of a good or service is the specific use to which an agent would put a given increase, or the specific use of the good or service that would be abandoned in response to a given… …   Wikipedia

  • Diminishing returns — Economics …   Wikipedia

  • Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism …   Wikipedia

  • Marginal rate of substitution — In economics, the marginal rate of substitution is the rate at which a consumer is ready to give up one good in exchange for another good while maintaining the same level of utility. Contents 1 Marginal rate of substitution as the slope of… …   Wikipedia

  • Marginal cost — A typical marginal cost curve with marginal revenue overlaid In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a… …   Wikipedia


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