Utility
- Author
- Jonathan Evans
- Published
- Tue 24 Mar 2009
- Episode Link
- https://www.podomatic.com/podcasts/jonathanevans/episodes/2009-03-24T06_01_23-07_00
In this podcast we will define utility and explain some key ideas of utility, mainly total utility, marginal utility and the Law of Diminishing Marginal Utility.
