Marginal Utility

What do you want out of life? How much satisfaction do you get from what you do get? The economics law of diminishing marginal utility helps explain consumer choices.

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Video #1 - Diminishing Marginal Utility

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Video #2 - Law of Diminishing Marginal Returns

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Video #3 - Indifference Curve (explains the consumer's choices)

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This material was gathered by Linda Aksomitis

Instructor for Introduction to Internet Writing Markets

and Credenda Virtual College