stackyFACTSThe first bite of anything is amazing, but the tenth is just a mechanical chewing exercise. Marginal utility measures the exact amount of extra happiness you get from consuming one more unit of something. Economic models prove that the more you have of something, the less you actually care about acquiring more of it.
Keep exploring facts in this topic.
Economy →STACKY FOR IPHONEKeep discovering with Stacky. Interesting facts in an app that is always within reach.
Classical economists struggled for years with the diamond-water paradox, questioning why water, which is absolutely essential for human survival, is virtually…
Discover more
Welcome to marginal utility, where abundance breeds absolute apathy. No matter how much you love something, each additional unit brings drastically less…
Discover more
Modern automated dispensers could easily be designed to lower your chips gently. Instead, they drop them from a massive height purely because the auditory…
Discover more
If you are willing to pay fifty dollars for a shirt but magically find it for twenty, that extra thirty dollars of mental value is quantified as buyer…
Discover more
Buying yet another heavily insulated jacket when your closet is completely full is a hilarious misunderstanding of basic utility. The first coat keeps you…
Discover more
The phrase lather, rinse, repeat is perhaps the most brilliant marketing directive ever printed on a bottle. Washing your hair twice in one shower provides no…
Discover more