Examlex
Compound C has the molecular formula C7H12.On catalytic hydrogenation,1 mol of C absorbs 1 mol of hydrogen and yields a compound with the molecular formula C7H14.On ozonolysis and subsequent treatment with zinc and acetic acid,C yields only: The structure of C is:
Marginal Utility
Marginal Utility is the added satisfaction or benefit a consumer receives from consuming one more unit of a good or service.
Diminishing Marginal Utility
The principle that the utility or satisfaction gained by consuming each additional unit of a good or service decreases as more of that good or service is consumed.
Marginal Utility
The extra pleasure or benefit derived from consuming an additional unit of a product or service.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.
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