Understanding utility functions: definition, calculation, and examples

Fact checked by Ariel Courage Reviewed by Erika Rasure Key Takeaways Utility functions measure consumer preferences and satisfaction with goods or services.They help analyze consumer decisions to ...
Investopedia

Understanding Marginal Utility of Income: How It Affects Satisfaction

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...