Diminishing Marginal Utility

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The term marginal refers to a small change, starting from some baseline level. As Philip Wicksteed explained the term,

Photogallery Diminishing Marginal Utility:


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility


Diminishing Marginal Utility