marginal utility

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Definitions from WordNet

Noun marginal utility has 1 sense

marginal utility - (economics) the amount that utility increases with an increase of one unit of an economic good or service
--₁ is a kind of utility

Definitions from the Web

Marginal Utility

Definition: Marginal utility refers to the additional satisfaction or benefit a person derives from consuming or obtaining one additional unit of a good or service.

Example sentences:

As Emma ate more slices of pizza, her marginal utility decreased because each additional slice brought her less satisfaction.
The marginal utility of the fifth cup of coffee was lower for John, as he had already consumed four cups and felt less benefit from another.
When shopping, Mary considers the marginal utility she will gain from buying an extra item before making a purchase.

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