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Which of the following is Gossen’s first law:

Question:

Which of the following is Gossen’s first law:

A.

Law of Diminishing Marginal Utility

B.

Law of Equi Marginal Utility

C.

Law of substitution

D.

Law of Diminishing Returns

Answer» a. Law of Diminishing Marginal Utility

Note: The above multiple-choice question is for all general and Competitive Exams in India