marginal utility - Meaning in Punjabi
marginal utility - Meaning in Punjabi
Sorry, exact match is not available in the bilingual dictionary.
13
We are constantly improving our dictionaries. Still, it is possible that some words are not available. You can ask other members in forums, or send us email. We will try and help.
Definitions and Meaning of marginal utility in English
marginal utility noun
- (economics) the amount that utility increases with an increase of one unit of an economic good or service
Description
In economics, marginal utility describes the change in utility of one unit of a good or service. Marginal utility can be positive, negative, or zero. For example, when eating pizza, the second piece may bring more satisfaction than the first, indicating positive marginal utility. However, after the third or fourth piece, the satisfaction level starts to decrease, indicating zero or even negative marginal utility. Negative marginal utility implies that every additional unit consumed causes more harm than good, leading to a decrease in overall utility. In contrast, positive marginal utility indicated that every additional unit consumed increases overall utility.
Also see "Marginal utility" on WikipediaAlso See
What is another word for marginal ?
Sentences with the word marginal
Words that rhyme with marginal
What is another word for utility ?
What is marginal utility meaning in Punjabi?
The word or phrase marginal utility refers to (economics) the amount that utility increases with an increase of one unit of an economic good or service. See marginal utility meaning in Punjabi, marginal utility definition, translation and meaning of marginal utility in Punjabi. Learn and practice the pronunciation of marginal utility. Find the answer of what is the meaning of marginal utility in Punjabi.
Other languages: marginal utility meaning in Hindi
Tags for the entry "marginal utility"
What is marginal utility meaning in Punjabi, marginal utility translation in Punjabi, marginal utility definition, pronunciations and examples of marginal utility in Punjabi.