Answer to Question #321156 in Microeconomics for Asrat akalu

Question #321156

At what ammount does the consuption diminishing mariginal utility?

1
Expert's answer
2022-04-05T09:59:43-0400

As it becomes fully undesirable to consume another unit of any product, the marginal utility may decline to negative utility. As a result, the initial unit of consumption for any product is usually the most valuable, with each subsequent unit of consumption containing less and less value.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS