Recent Posts • Latest Topics • Unanswered Questions

Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy on ...

tuggy

wrote...

Go to Answer

Posts: 864

Rep:

6 years ago

Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy on ...

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

Textbook

Microeconomics

Edition: 1^st

Authors: Acemoglu, Laibson, List

Read 105 times

2 Replies

Report

Replies

Answer verified by a subject expert

Sudzbury

wrote...

Related Topics

tuggy Author

wrote...

6 years ago

Thanks for helping on my microeconomics tutorial

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1104 People Browsing

118 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

AJAX Chat © blueimp.net Integrated with SMF

Related Images

158

184

250

Your Opinion

Previous poll results: Who will win the 2024 president election?

Strange Ingredients Lurking in Doritos Chips

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.