| 单词 | marginal utility |
| 释义 | BETA Examples ofmarginal utilityDictionary> Examples ofmarginal utility marginal utilityisn’t in the Cambridge Dictionary yet. You can help! Add a definition This motivated our decision to focus instead on shocks to themarginalutilityof consumption. From theCambridge English Corpus Increasing the variance of consumption allows the expectedmarginalutilityof consumption to vary due to an increase in the variance of consumption. From theCambridge English Corpus This utility function is separable and has the property that themarginalutilityof money is 1/ ln(m) for - m large. From theCambridge English Corpus For example, there may be a diminishingmarginalutilityfor injured parties that ought not be factored into the compensation that is owed. From theCambridge English Corpus This remark applies to themarginalutilitytheorists quite as much as to the classical school. From theCambridge English Corpus The expectedmarginalutilityof consumption thus rises, and hence the price of a one-period pure discount bond rises as well. From theCambridge English Corpus There are two reasons to suppose that a higher level of uncertainty raises the expectedmarginalutilityof future consumption. From theCambridge English Corpus On the one hand, a sufficient condition is indicated in the positive 'marginalutility' of universal benevolence. From theCambridge English Corpus Exploiting the assumed constancy of the rate of return on savings,marginalutilityis treated as a fixed effect. From theCambridge English Corpus If a good is rationed, price is notmarginalutility. From theCambridge English Corpus In textbook analyses, utility can be scaled such that themarginalutilityof a consumption good is equal to the market price. From theCambridge English Corpus In turn, the subsidy will benefit more waste-pickers who have a highermarginalutilityof income than householders. From theCambridge English Corpus Furthermore, themarginalutilityof conserved species decreases as its number grows. From theCambridge English Corpus Fluctuating prices increase the equilibrium forest stock because, for risk-averse forest owners,marginalutilityof exploitation is lower when revenues are uncertain. From theCambridge English Corpus In this way, themarginalutilityof wealth can be made equal across all states of health. From theCambridge English Corpus Recall that if the firm is initially setting wy=wo=w* themarginalutilityof the worker will be the same in both periods. From theCambridge English Corpus Such a mechanism is also present in models with a traditional utility function, where themarginalutilityof wealth is decreasing in wealth. From theCambridge English Corpus In steady state, - 1 is both the index of relative risk aversion and the elasticity ofmarginalutilitywith respect to total expenditure. From theCambridge English Corpus How consumers respond to uncertainty depends on whether theirmarginalutilityis convex or concave in consumption. From theCambridge English Corpus These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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