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marginal benefit

The increase in well being caused by an additional unit of some activity, such as the consumption of a good. Exactly whose well being this refers to depends on the context.

Related information about marginal benefit:
  1. Marginal Benefit Definition | Investopedia
    The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service. A person's marginal benefit is the maximum ...
     
  2. CFA Level 1 Study Guide - Microeconomics - Marginal Benefit and ...
    Investopedia's Free CFA Level 1 Exam Online Study Guide. Learn about the Law of Diminishing Marginal Utility in regards to marginal costs and benefits to the ...
     
  3. What is marginal benefit? definition and meaning
    Definition of marginal benefit: An increase in an activity's overall benefit that is caused by a unit increase in the level of that activity, all other factors remaining ...
     
  4. Demand Curve as Marginal Benefit Curve | Microeconomics | Khan ...
    Thinking about a demand curve in terms of quantity driving price.
     
  5. Marginal utility - Wikipedia, the free encyclopedia
    In economics, the marginal utility of a good or service is the gain (or loss) from an increase (or decrease) in the consumption of that good or service. Economists ...
     
  6. 18. Marginal Benefit Equals Marginal Cost - YouTube
    Jan 6, 2010 ... In this video, I explain the equimarginal principle using the example of asking a basketball team's star player to take all of the shots in a ...
     
  7. How to Calculate a Marginal Benefit | eHow.com
    How to Calculate a Marginal Benefit. Marginal benefit, according to the Environmental Literacy Council, is "a measurement of the change in benefits over the ...
     
  8. marginal benefit - Wiktionary
    [edit] English. [edit] Noun. marginal benefit (plural marginal benefits). The extra benefit received from a small increase in the consumption of a good or service.