The law of diminishing
marginal utility is based
on which particular
feature of human
wants?
Single want is satiable
Wants are unlimited
Present wants are more
important than future wants
Wants are complementary
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Answer:
human Wants: Characteristics, Importance and Classification of ...
As man becomes more civilized, his wants multiply. ... Present Wants are more important than Future Wants: ... any single want is satiable leads to the law of diminishing marginal utility.
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