Wednesday, August 17, 2016

163. Fundamental economics concept: Law of diminishing marginal utility.

The Mancosa curriculum does NOT cover this fundamental concept. Any learner that grasps this fundamental concept will enhance his/her understanding of the subject a lot. This too is not the best explanation, but it is so far the best explanation that I could find on the topic of the "law" of diminishing marginal utility. Enjoy:

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