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The law of diminishing marginal utility implies that marginal utility never becomes negative.

Gideon123

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The law of diminishing marginal utility implies that marginal utility never becomes negative.

Question 1.

The ________ states that things with the greatest value in use frequently have little or no value in exchange.

▸ law of diminishing marginal utility

▸ utility conundrum

▸ diamond/water paradox

▸ law of reverse exchange

Question 2.

The law of diminishing marginal utility implies that marginal utility never becomes negative.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 96 times

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cuddahy99

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