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Marginal utility in a sentence

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Sentence count:36Posted:2017-08-23Updated:2020-07-24
Similar words: marginalmarginallymarginal landmarginal analysismarginalizemarginalisemarginal costmarginal revenueMeaning: n. (economics) the amount that utility increases with an increase of one unit of an economic good or service. 
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(31) Traditionally, the marginal utility of land utilization in that area was low.
(32) It would be better termed "marginal utility of income " to avoid confusion with the ...
(33) Law of diminishing marginal utility was an important part of marginal utility theory. It showed the relation between quantity change of consumer's consumption or labor and its utility change.
(34) It would be better termed "marginal utility of income" to avoid confusion with the utility derived from holding cash balances.
(35) Confronted with the complicated forms of sales promotions conducted by sellers, consumers will trade with scalpers under the rules of opportunity cost, diminishing marginal utility and other theo.
(36) After coming up with this egregious fallacy, Bernoulli topped it by blithely assuming that every individual's marginal utility of money moves in the very same constant proportion, b.
More similar words: marginalmarginallymarginal landmarginal analysismarginalizemarginalisemarginal costmarginal revenuemarginal benefitsmarginalizationutilityfutilityutility roompublic utilityoriginalitymarginmargin callgross marginprofit marginmargin of errorutilitarianmotilityfinal solutiongentilityductilityfertilityhostilityvolatilityutilitarianismversatility
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