1) To discuss how you think you couldapply this economic definitionin your own life sometime in the next several months:

1.Marginal Utility - The additional satisfaction received from the consumption of an additional unit of a good.

2)To discuss how you think you couldapply this economic definitionin your own life sometime in the next several months:

10.Resource Markets - Places or ways in which business firms who demand factors of production can get together with household suppliers of those factors.