Economy, asked by tansalman2, 10 months ago

law of equi marginal utility...it's importance and criticism

Answers

Answered by Anonymous
1

Equi-Marginal Utility Criticism # 1. Ignorance of the Consumer: ... His satisfaction may not be the maximum because the marginal utilities from his expenditure cannot be equalised due to ignorance. Therefore, on account of his ignorance the consumer may not know where the utility is greater and where it is less.

z mark as brainliest.........xD

Similar questions