does law of diminishing marginal utility applies to reading(like a subject book: economics)? For example: First hour: 10 utils Second hour: 8 utils Third hour: 5 utils Fourth hour: 3 utils Fifth hour: 0 utils Sixth hour: -5 utils It this one a correct example of law of diminishing marginal utility?
does law of diminishing marginal utility applies to reading(like a subject book: economics)? For example: First hour: 10 utils Second hour: 8 utils Third hour: 5 utils Fourth hour: 3 utils Fifth hour: 0 utils Sixth hour: -5 utils It this one a correct example of law of diminishing marginal utility?
Chapter21: Demand: Consumer Choic
Section: Chapter Questions
Problem 1E
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Hello, does law of diminishing marginal utility applies to reading(like a subject book: economics)?
For example:
First hour: 10 utils
Second hour: 8 utils
Third hour: 5 utils
Fourth hour: 3 utils
Fifth hour: 0 utils
Sixth hour: -5 utils
It this one a correct example of law of diminishing marginal utility? Thank you so much
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