Economy, asked by guddu7479, 1 year ago

in economics which rule is also called as substitution rule​

Answers

Answered by Riya1417
1

Explanation:

The law of substitution is also known as the law of equi-marginal utility or the law of maximum satisfaction. ... According to this law, if a consumer is to use all the available resource in the consumption of a single commodity then marginal utility,derived from every additional unit will decrease successively.

Answered by IsitaJ07
13

HEYAA!!

Answer:

=> The the Marginal rate rule is also called as the substitution rule.

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