Economy, asked by nikhilpkc1546, 1 year ago

Explain the law of equi marginal utility with its exceptions

Answers

Answered by Anonymous
4
Heya....

Law of equi marginal Utility States that consumer's equilibrium struck when the last rupee spend by the consumer across different goods giving it the same marginal level of satisfaction...

It's exceptions are only money...
Because when we compare money with money means if we purchasing bonds and shares by money for future investments then till it will not give marginal satisfaction...
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