Law of diminishing marginal utility may not apply to:
(a) Money
(b) Butter
(c) Pepsi, Coke etc.
(d) Ice cream
Answers
Answered by
2
butter,Pepsi, coke and icecream.
Answered by
3
mark me as brainliest answer
1) money is your answer in the form of income
explanation of your answer
If the income of a consumer increases, the marginal utility of a certain goods will increase. In such case, increase in consumption may yield greater satisfaction or utility. There should be continuity in the consumption of the commodity; otherwise the law of diminishing marginal utility will not apply.
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