Examlex
On which Big Five trait do women and men differ the most, on average?
Marginal Utility
The variation in pleasure or usefulness a consumer feels from using one more unit of a product or service.
Diminishing Marginal Utility
The principle that as a consumer consumes more of a good or service, the additional satisfaction gained from consuming an additional unit decreases.
Inferior Good
A type of good for which demand decreases as the income of consumers increases, opposite to what is observed with normal goods.
Diminishing Marginal Utility
The principle that as a person consumes more of a good, the satisfaction (utility) gained from consuming an additional unit decreases.
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