The idea that as you purchase more goods, your additional satisfaction gets smaller is known as:
a) Law of diminishing returns.
b) Law of supply and demand.
c) Law of increasing opportunity cost.
d) Law of decreasing marginal utility.

Question

03-07-2024
Business

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The idea that as you purchase more goods, your additional satisfaction gets smaller is known as:
a) Law of diminishing returns.
b) Law of supply and demand.
c) Law of increasing opportunity cost.
d) Law of decreasing marginal utility.

Sagot :

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mr carlos buys 1,080 apples. 1/9 of the apples are rotten. he sells the rest at $2 for 10 apples. how much does he earn from the sale

The idea that as you purchase more goods, your additional satisfaction gets smaller is known as:a) Law of diminishing returns.b) Law of supply and demand.c) Law of increasing opportunity cost.d) Law of decreasing marginal utility.

Sagot :

Other Questions

The idea that as you purchase more goods, your additional satisfaction gets smaller is known as:
a) Law of diminishing returns.
b) Law of supply and demand.
c) Law of increasing opportunity cost.
d) Law of decreasing marginal utility.