Question

Explain the law of equi-marginal utility.​

Answer 1

Answer:

The law states that a consumer should spend his limited income on different commodities in such a way that the last rupee spent on each commodity yield him equal marginal utility in order to get maximum satisfaction

Explanation:

this is your answer

Answer 2

Answer:

Explain the law of equi-marginal utility.

The law states that a consumer should spend his limited income on different commodities in such a way that the last rupee spent on each commodity yield him equal marginal utility in order to get maximum satisfaction. ...