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trancy trancy
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5 years ago
Money spent on one product cannot be used on another product, so the brain reacts in a negative way to the thought of spending money. This is consistent with the principle of:

▸ marginal utility.

▸ diminishing returns.

▸ voluntary exchange.

▸ opportunity cost.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
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coltonf1coltonf1
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5 years ago
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trancy Author
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#2
5 years ago
Good timing, thanks!
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