Quote#Work
The increment of the commodity which he is only just induced to…
Quote byAlfred Marshall · 1842–1924
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Principles of Economics, (1890), Bk III, Ch. III. The Law of Demand.
English (original)
The increment of the commodity which he is only just induced to acquire (whether by... direct labor or by purchase) may be called its Marginal Increment; because he is on the margin of doubt whether it is worth his while to incur the outlay required to obtain it. And the benefit-giving power, or Utility, of that increment to him may be called the Marginal Utility of the commodity to him.
— Alfred Marshall
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