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Seinfeld Economics: The Stock Tip (Restaurant bill)
by Linda Ghent `

The principle of diminishing marginal utility says that, as an individual consumes more and more of a good, each successive unit increases her utility, or enjoyment, less and less.

 

This Commentary is related to the following Clips:
Seinfeld: The Stock Tip (Restaurant bill) by Larry David & Jerry Seinfeld (1990) In his monologue, Jerry discusses ordering a big meal and then the regret that comes when the check comes after you have eaten. The meal doesn't seem so valuable anymore.