History
The concept of marginal utility grew out of attempts by economists to explain the determination of price. The term “marginal utility”, credited to the Austrian economist Friedrich von Wieser by Alfred Marshall, was a translation of Wieser's term “Grenznutzen” (border-use).
Read more about this topic: Marginal Utility
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“There is a history in all men’s lives,
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—William Shakespeare (1564–1616)
“... that there is no other way,
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“Every literary critic believes he will outwit history and have the last word.”
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