Which of the following is Gossen’s first law:

by
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.