Conclusion of equi marginal utility
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According to the law of equi marginal utility, a person can feel more satisfied by spending money on one commodity as compared to spending the same amount on another commodity. So, he should compare his level of satisfaction obtained, and continue spending his money on the commodity that gives his more satisfaction.
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According to the law of equi marginal utility, a person can feel more satisfied by spending money on one commodity as compared to spending the same amount on another commodity. So, he should compare his level of satisfaction obtained, and continue spending his money on the commodity that gives his more satisfaction.
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