Curated OER
Why Is a Demand Curve Downsloping? The Law of Diminishing Marginal Utility
Challenge your class with this economy worksheet. Learners plot information on a demand curve, fill in a table of marginal utility, solve problems, and answer questions.
Curated OER
Chapter 21: Consumer Behavior and Utility Maximization
Who knows why consumers act the way they do? After viewing this presentation, your class will - and they will also know how to optimize consumer behavior. Prepare your young captains of industry for their place in the world of business...
Khan Academy
Khan Academy: Lesson Overview Total Utility and Marginal Utility
This lesson focuses on total utility and marginal utility including definitions and examples.
Khan Academy
Khan Academy: Total Utility and Marginal Utility
Practice what you've learned about total utility, marginal utility, and the law of diminishing marginal utility in this four-question exercise.
Khan Academy
Khan Academy: Cost Benefit Analysis
Practice what you have learned about total utility, marginal utility, total revenue, and costs in this four-question exercise.