aof.sorular.net
Introduction to Economics 1
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi The Theory of Consumer Choice soru cevapları
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi The Theory of Consumer Choice soru detayı:
SORU:
Explain the law of diminishing marginal utility.
CEVAP:
Law of diminishing marginal utility means that the more of a good a person consumes per period, the smaller the increase in total utility from consuming one more unit, other things constant.