When might it not be worth it for a consumer to... - SS2 Economics Concept of Utility – Average, Marginal And Total Utility Question
When might it not be worth it for a consumer to consume more units of a good or service?
If marginal utility starts to diminish rapidly, it may not be worth it for a consumer to consume more units of the good or service, even if the total utility is still increasing.
Please share this, thanks:
Add your answer
No responses