At some point more money held will add less to total utility than alternative uses for it i.e. lending or investing.
If we hold additional cash or banks hold additional cash reserves, total utility will rise, but marginal utility will likely fall.
Just as diminishing marginal utility means more of something adds less and less to total utility (bank reserves), it also means that less of something (bologna) will raise its utility at the margin.
FORBES: Tom T. Hall's Week in Jail, the Jailer's Wife's Bologna, and Monetary Policy
CMS's Consumers Energy unit has 626 miles of cast- and wrought-iron pipeline in its gas system, or about 2.4 percent of the utility's total distribution system.
The total amount of coal sold to utility customers saw a slight decline between 2006 and 2009, averaging near 27 million tons as Massey maintained its production levels to support strong global demand.
FORBES: Massey Digs Deeper For More Coal, Stock's No Diamond
The total amount of coal sold to utility customers was not significantly impacted during the economic downturn as utility coal is used in power plants for generating electricity, the demand for which is largely inelastic.
FORBES: Massey Digs Deeper For More Coal, Stock's No Diamond
With Fiat's help, Chrysler might just be able to convince a sceptical administration that it has a plan to rectify three of its most glaring weaknesses: an over-reliance on gas-guzzling trucks and sports-utility vehicles, almost total dependence on the North American market and a perilously thin senior management team.
ECONOMIST: A good deal for Fiat may still not be enough to save Chrysler
Overall, utility scale plants with a total capacity of 3, 000 MW are presently under construction in the country and other projects totaling 6, 000 MW in capacity are in the early phases of development.
FORBES: U.S. Solar Panel Market Doubles as First Solar Looks to Brighter 2012
Ocean Power is working with Spanish utility Iberdrola, French oil giant Total and two Spanish government agencies for the first phase of a modest 1.39-megawatt facility--a decent-sized nuclear reactor pumps out 2, 200 megawatts--off the coast of Spain.
Its MDX sport utility vehicle pulled in another 53, 000 customers, bringing total sales to 166, 000.
The gasoline engine serves as an on-board personal electric utility for when you forget to plug in to the local grid, or for ensuring a total range to match that of any conventional car you'd buy today.
应用推荐