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When you're hungry, and someone presents you with a plate of french fires.

You eat one fry to ease your hunger, then you eat a second, third...43rd etc. The amount of, I guess, satisfaction that comes from each fry consumed would be the marginal utility.

You can apply it to any similar situation; I prefer to use food since I love it so much.

P.S.

I don't study Biology, so my economic knowledge might not be up to par, but I figured you needed an answer, and hopefully mine is correct.

Cheers

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Wiki User

16y ago

What else can I help you with?