In the video lesson from Khan Academy, students will explore why the marginal utility per dollar spent should be equal for the last increment of either good purchased. This resource is designed for students who are taking a college-level microeconomics course.

Concepts

economics, microeconomics, economy

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Additional Tags

ap microeconomics, college microeconomics, equalizing marginal utility per dollar, khan academy, utility maximization, utility maximization: equalizing marginal utility per dollar, marginal utility

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Classroom Considerations

• Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
• The intended use for this resource is Instructional