Economy, asked by shreyajadhav2110, 5 hours ago

the law of diminising marginal utility enjoys universal application (true or false)​

Answers

Answered by bhamaresanika2002
3

Answer:

Its Limitations: This is a universal law and holds true in the case of physiological, social or artificial wants. It is another thing that in the case of certain commodities the limit of satiety is soon reached, while others take some time.

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