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Agricultural economics

To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?

To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?

A. Law of diminishing return
B. Say’ law
C. Law of diminishing marginal utility
D. Say’ law

To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ? Read More »

Agricultural economics