Learn the key differences between marginal utility and marginal value, how they impact decision-making, and why understanding ...

William Baumol writes in "Economics: Principles and Policy" that the total monetary utility of a collection of goods to a consumer is equal to the largest amount of money the consumer will pay in ...

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Erika Rasure is globally-recognized as a leading consumer economics ...

Events in the past weeks betoken a pristine approach to Nigeria’s foreign policy utility. There are indications that the nation’s foreign policy plank will follow a clear and unconfused trajectory.