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MENTAL MODEL · M3744

Marginal Utility

Marginal Utility
BusinessHigh supportMicroeconomics
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Version 1.0.0 · Updated 2026-07-28

CORE DEFINITION

In mainstream economics, marginal utility refers to the change in utility (pleasure or satisfaction resulting from the consumption) of one unit of a good or service. Marginal utility can be positive, negative, or zero. Negative marginal utility implies that every consumed additional unit of a commodity causes more harm than good, leading to a decrease in overall utility. In contrast, positive marg

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In mainstream economics, marginal utility refers to the change in utility (pleasure or satisfaction resulting from the consumption) of one unit of a good or service. Marginal utility can be positive,

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Marginal utility is the increment in satisfaction brought by consuming one additional unit, usually diminishing, explaining the formation of demand and preferences.

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    en.wikipedia.orghttps://en.wikipedia.org/wiki/Marginal_utilityZH · Explicit
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