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The top documents tagged [marginal utility principle]
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Chapter 3: Consumer Behavior 1 of 37 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Microeconomics Pindyck/Rubinfeld, 8e. MARGINAL
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MARGINAL UTILITY AND CONSUMER CHOICE 3.5 ● marginal utility (MU) Additional satisfaction obtained from consuming one additional unit of a good. ● diminishing
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