What is another word for marginal utility?
Pronunciation: [mˈɑːd͡ʒɪnə͡l juːtˈɪlɪti] (IPA) 
Marginal utility is the additional satisfaction or benefit that a consumer gains from consuming one more unit of a particular good. Synonyms for marginal utility include marginal benefit, additional satisfaction, incremental utility, extra value, and surplus satisfaction. Other related terms include diminishing marginal utility, which refers to the decrease in additional satisfaction with each additional unit consumed, and total utility, which is the overall satisfaction or benefit a consumer derives from consuming a certain amount of a product. Understanding these concepts is important in economics, as they help to explain consumer behavior and the demand for goods and services.
