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Other Fields Homework Help Economics Topic started by: tuggy on May 22, 2017



Title: Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy on ...
Post by: tuggy on May 22, 2017
Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy on receiving it. As the day progresses, many other people also buy her chocolate. As she gets more and more chocolates, her excitement on receiving each bar is seen to gradually lessen. Which economic principle is reflected in this example?
A) The Law of Equi-Marginal Utility
B) Aggregation of demand behavior
C) The Law of Diminishing Marginal Benefit
D) The Law of Increasing Willingness to Pay


Title: Re: Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy ...
Post by: Sudzbury on May 22, 2017
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Title: Re: Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy on ...
Post by: tuggy on Jul 7, 2017
Thanks for helping on my microeconomics tutorial