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.
1 The poem was written by Alfred Noyes when he was 24 years old. He wrote it when he was staying in a cottage in Bagshot Heath in West Sussex. 2  It took him about two days to complete it.  The Highwayman is a narrative poem â it tells a story.