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noname [10]
3 years ago
12

Explain the rule of marginal utility and how it works in real life.

History
2 answers:
forsale [732]3 years ago
8 0

Answer:In economics, the law of diminishing marginal utility states that the marginal utility of a good or service declines as its available supply increases. Economic actors devote each successive unit of the good or service towards less and less valued ends

Explanation:

nadezda [96]3 years ago
5 0

Answer:

In economics, the law of diminishing marginal utility states that the marginal utility of a good or service declines as its available supply increases. Economic actors devote each successive unit of the good or service towards less and less valued ends.

Explanation:

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