Question
An important law in economics is called the Law of Diminishing Marginal Utility. Discuss what this law is andgive an example of diminishing marginal utility
An important law in economics is called the "Law of Diminishing Marginal Utility".
Discuss what this law is andgive an example of diminishing marginal utility you've encountered recently.
Please do not use food- or drink-related examples. Come up with something from other spheres of your personal or professional life.
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The Economics of Women Men and Work
Authors: Francine D. Blau, Marianne A. Ferber, Anne E. Winkler
7th edition
978-0190670863, 019067086X, 132992817, 978-0132992817
