marginal benefit
marginal benefit noun: 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.
Noun
marginal benefit (plural marginal benefits)
- 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.
- Synonyms:
- marginal utility
Synonyms of marginal benefit
Forms of marginal benefit
| plural | marginal benefits |
|---|
Questions about marginal benefit
- What does marginal benefit mean?
- Marginal benefit means 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.
- What part of speech is marginal benefit?
- Marginal benefit is a noun.
- What is the plural of marginal benefit?
- The plural of marginal benefit is marginal benefits.
Words near marginal benefit in the dictionary
Source and license
Adapted from Wiktionary: marginal benefit (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “marginal benefit.” Word.ws, https://word.ws/marginal_benefit. Based on Wiktionary, CC BY-SA 4.0.
