marginal benefits background

marginal benefits

/ˌmɑːrdʒɪnəl ˈbɛnɪfɪts/

Illustration marginal benefits - Image 1

noun

한계 편익

The extra benefit received from a unit increase in the consumption of a good or service. It is calculated as the increase in total benefit divided by the increase in consumption.

Examples :

""Studying for one extra hour provided diminishing marginal benefits; the first hour greatly improved my test score, but the second hour barely helped at all." "

한 시간을 더 공부하는 것은 감소하는 한계 편익을 제공했습니다. 첫 번째 시간은 시험 점수를 크게 향상시켰지만, 두 번째 시간은 거의 도움이 되지 않았습니다.

economy business finance value utility