3 ms·
I'm confused. If the marginal utility of a mcmansion is not ten times that of the town house, then why does the mcmansion sell for ten times the price? Are you
by tgb 8y ago
I'm confused. If the marginal utility of a mcmansion is not ten times that of the town house, then why does the mcmansion sell for ten times the price? Are you saying it's being used as a store or value or investment or something?
- deleted 8y ago[deleted]
- zaroth 8y agoIs social status a factor in marginal utility? If it is, is there a better term to reflect the value of comfortable shelter and diminishing returns to increasing square footage per occupant? That sort of thing.