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.
The poem is about some events that took place in final years of Trojan war that took place between Greece and Troy. Iliad is a big epic running into 24 books and covering events spread over a period of 54 days, Odyssey which is a sequel to Iliad was also written by Homer. Not much is known about Homer. According to traditions he was blind.