Marginal utility is an economic theory borne out of a need to explain the "paradox of value." Economists used the theory of marginal utility to explain why diamonds were so expensive and bread wasn't.

What Is the Relationship Between the Law of Diminishing Marginal Utility & Consumer Surplus?. You don't need to have studied economics to be familiar with the law of diminishing marginal utility ...

Economica is an international journal devoted to research in all branches of economics. Theoretical and empirical articles are published from all parts of the international research community.

An economics professor offers a counterargument to the marginal-utility case for progressive taxation.

It declares that “value depends entirely on utility,” and that the kind of utility, which is all-important in determining value, is “marginal utility.” ...

Norbert Hirschauer, Antje Jantsch, Oliver Musshoff, Developing business ethics theory and integrating economic analysis into business ethics teaching – a conceptualization based on externalities and ...

An Expensive Solution Of Marginal Utility Railroads eventually will pay (through leases) for every penny of tanker car retrofit cost. Share Resize ...