what is equimarginal utility
Answers
Answered by
3
Answer:The law states that a consumer should spend his limited income on different commodities in such a way that the last rupee spent on each commodity yield him equal marginal utility in order to get maximum satisfaction
Answered by
1
Answer:
The law states that a consumer should spend his limited income on different commodities in such a way that the last rupee spent on each commodity yield him equal marginal utility in order to get maximum satisfaction.
Explanation:
Similar questions
Math,
1 month ago
English,
1 month ago
Math,
3 months ago
Biology,
11 months ago
Business Studies,
11 months ago