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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Diminishing Marginal Utility

Diminishing Marginal Utility

Definition of 'Diminishing Marginal Utility'

After some point, successive equal increments in the quantity of a good yield smaller and smaller increases in utility.

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Related Terms

Diminishing Marginal Rate of SubstitutionMarginal UtilityThe Law of Diminishing ReturnsMarginal Rate of SubstitutionDistortionMarginal FirmMCCMEIGeneral InflationIndifference CurveOptimal PortfolioPublic UtilityMarginal CostMarginal Cost of CapitalMarginal Efficiency of InvestmentMarginal Product of LabourMarginal Propensity to ImportMarginal Propensity to SaveMarginal RevenueMarginal Value Product of Capital

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