Diminishing marginal utility/Definition: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>Nick Gardner
(Created page with "<noinclude>{{Subpages}}</noinclude> The proposition, usually stated as a law, that there is a diminution in the satisfaction gained per unit of a good, each time an extra unit of...")
 
imported>Nick Gardner
No edit summary
 
Line 1: Line 1:
<noinclude>{{Subpages}}</noinclude>
<noinclude>{{Subpages}}</noinclude>
The proposition, usually stated as a law, that there is a diminution in the satisfaction gained per unit of a good, each time an extra unit of that good is received.
The axiom, usually stated as a law, that there is a diminution in the satisfaction gained per unit of a good, each time an extra unit of that good is received.

Latest revision as of 09:16, 3 January 2012

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.


Diminishing marginal utility [r]: The axiom, usually stated as a law, that there is a diminution in the satisfaction gained per unit of a good, each time an extra unit of that good is received.