economics: section 4.2
0.0(0)
Studied by 4 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/3
There's no tags or description
Looks like no tags are added yet.
Last updated 10:07 PM on 9/9/25
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
4 Terms
1
New cards
diminishing marginal utility
as the supply of a good increases, the satisfaction gained from using that good decreases; the value in use will not stay the same
2
New cards
not
fill in the blank
with diminishing marginal utility, the value in use will ____ stay the same
3
New cards
marginal utility
the amount of satisfaction gained from using one unit of a good
4
New cards
total utility
the amount of satisfaction gained from using all units of a good
Note 
Flashcards (88)