영어에서 Marginal utility 을 사용하는 예와 한국어로 번역
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Marginal Utility.
Diminishing marginal utility.
Marginal utility theory.
He graduated with the Gold Medal in 1911 for his paper The theory of marginal utility.
Marginal utility theory.
So at the optimum, you get that the ratio of marginal utility equals the ratio of prices.
The marginal utility of movies is 0.5 over the square root of 10.
Likewise, let's do the same mathematics at point B. Well, at point B,if you do the math and work it out, you see that the marginal utility of pizza is five over square root of ten.
If your marginal utility for movies is very high, then you need a lot of pizzas.
The way that I like to think about this intuitively is to actually rewritethis a little bit, and rewrite it as saying that the marginal utility of movies over the price of movies equals the marginal utility of pizza over the price of pizza.
Now, in particular, your marginal utility for pizzas at that point-- what's the marginal utility for pizzas?
Remember, it's the negative of the marginal utility of the x-axis over the marginal utility of the y-axis.
If your marginal utility of movies is very low, you would be happy to give up a movie even for a small fraction of a pizza.
Your marginal utility of movies is going to be du/dm, which is going to be 0.5 times p over square root of p times m, which is going to be 2.5 over square root of 10.
He outlined these ideas on the marginal utility theory of value in General Mathematical Theory of Political Economy which he read to the British Association for the Advancement of Science in 1862(it was published in 1866).
PROFESSOR: Ratio of the marginal utilities.
But the marginal utilities are not constant.
Marginal utilities are obviously changing the more moves you see.
So marginal rate of substitution is the rate at which you're willing tosubstitute between movies and pizza, which is a function of your marginal utilities.
The way I like to think about this is, think about the ratio of the marginal utilities as the marginal benefit.