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- Marginal_use abstract "As defined by the Austrian School of economics the marginal use of a good or service is the specific use to which an agent would put a given increase, or the specific use of the good or service that would be abandoned in response to a given decrease. The usefulness of the marginal use thus corresponds to the marginal utility of the good or service.On the assumption that an agent is economically rational, each increase would be put to the specific, feasible, previously unrealized use of greatest priority, and each decrease would result in abandonment of the use of lowest priority amongst the uses to which the good or service had been put. And, in the absence of a complementarity across uses, the “law” of diminishing marginal utility will obtain.The Austrian School of economics explicitly arrives at its conception of marginal utility as the utility of the marginal use, and “Grenznutzen” (the Austrian School term from which “marginal utility” was originally derived in translation) literally means border-use; other schools usually do not make an explicit connection.".
- Marginal_use wikiPageID "15628625".
- Marginal_use wikiPageRevisionID "574010656".
- Marginal_use hasPhotoCollection Marginal_use.
- Marginal_use subject Category:Austrian_School.
- Marginal_use subject Category:Consumer_theory.
- Marginal_use subject Category:Marginal_concepts.
- Marginal_use subject Category:Utility.
- Marginal_use type Abstraction100002137.
- Marginal_use type Cognition100023271.
- Marginal_use type Concept105835747.
- Marginal_use type Content105809192.
- Marginal_use type Idea105833840.
- Marginal_use type MarginalConcepts.
- Marginal_use type PsychologicalFeature100023100.
- Marginal_use comment "As defined by the Austrian School of economics the marginal use of a good or service is the specific use to which an agent would put a given increase, or the specific use of the good or service that would be abandoned in response to a given decrease.".
- Marginal_use label "Marginal use".
- Marginal_use label "Uso marginal".
- Marginal_use sameAs Uso_marginal.
- Marginal_use sameAs m.03nn1_q.
- Marginal_use sameAs Q6760430.
- Marginal_use sameAs Q6760430.
- Marginal_use sameAs Marginal_use.
- Marginal_use wasDerivedFrom Marginal_use?oldid=574010656.
- Marginal_use isPrimaryTopicOf Marginal_use.