This question is about how to calculate marginal utility.

What is an example of marginal utility?

By Zippia Team - Dec. 7, 2022

A simple example of marginal utility is the difference in the satisfaction you feel as you eat an enjoyable food. For example, one cookie might bring you a lot of enjoyment, but a second might bring only half as much.

Marginal utility is the change in the total utility from acquiring or consuming one additional unit of an item. So if we rated the utility of the first cookie as 10 utils, the marginal utility of the second cookie is 5 utils.

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