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ZIMSEC A-Level Economics

3.3Marginal utility theory

Marginal utility theory in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 3.3.1Explain diminishing marginal utility and the equi-marginal principle, and examine the limitations of marginal utility theory.

Lessons

  • Utility, diminishing marginal utility and the equi-marginal principle

    50 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Marginal utility theory: sample question

1 mark

The law of diminishing marginal utility states that, as a consumer consumes more of a good in a given period,

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