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FYI you've used marginal utility incorrectly in this context. I think it would be better to say a low return. "thus the marginal utility of a good or service i
by sleepychu 9y ago
FYI you've used marginal utility incorrectly in this context. I think it would be better to say a low return.
"thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service." [1]
[1] - https://en.wikipedia.org/wiki/Marginal_utility https://en.wikipedia.org/wiki/Marginal_utility