Marginal utility, then, asks how much a one-unit change in a variable will impact our utility (that is, our level of happiness. Marginal utility analysis answers questions such as:
The Greek poet Homer was born sometime between the 12th and 8th centuries BC, possibly somewhere on the coast of Asia Minor. He is famous for the epic poems The Iliad and The Odyssey, which have had an enormous effect on Western culture, but very little is known about their alleged author. Homer is a mystery.
Lincolnâs death inspired Whitman to write one of his most memorable worksâa simple, three-stanza poem of sorrow that bore little resemblance to his other, more experimental writings. O Captain! My Captain! was published in New Yorkâs Saturday Press in November of 1865, and was met with immediate acclaim.