Question

What are Conclusion of law of equi marginal utility

Answer 1

utility is a want satisfying power or capacity of a commodity the conclusion is the point when the capacity is equal or balanced this point is known as equi marginal utility

Answer 2

According to the law of equi marginal utility, a person can feel more satisfied by spending money on one commodity as compared to spending the same amount on another commodity.

So, he should compare his level of satisfaction obtained, and continue spending his money on the commodity that gives his more satisfaction.

He should continue doing so until the utility derived from all his money spent on both the commodities becomes equal.