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ISSN: 2167-0234

Journal of Business & Financial Affairs
Open Access

Marginal Utility

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Marginal Utility

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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.

Related Journal of Marginal Utility

Business and Economics Journal, AStA Advances in Statistical Analysis, Journal of Business & Economic Statistics, Production and Operations Management

Marginal Utility

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