Explain how the law of diminishing marginal utility helps explain the inverse relationship between price and? : Consumer Law

Welcome to Law-Forums.org!

Explain how the law of diminishing marginal utility helps explain the inverse relationship between price and?

2 posts • Page 1 of 1

Explain how the law of diminishing marginal utility helps explain the inverse relationship between price and?

by darrell » Thu Apr 12, 2012 2:01 pm

quantity demaded of a good by a consumer. Provied an example that illustrates this relationship

darrell: Posts: 22; Joined: Fri Apr 01, 2011 2:44 pm

Top

2 posts • Page 1 of 1

Return to Consumer Law

Jump to:

Related topics

Replies

Views

Last post

Explain how the law of diminishing marginal utility helps explain the inverse relationship between price and?
by weiford » Thu Apr 12, 2012 2:01 pm

1 Replies

121 Views

Last post by weiford
Thu Apr 12, 2012 2:01 pm
A marginal Utility Question...HELP!?
by gabrielo19 » Mon Dec 19, 2011 10:46 pm

2 Replies

80 Views

Last post by breasal
Mon Dec 19, 2011 10:47 pm
10. The price ratio of the two products is the: A. Marginal rate of substitution B. Slope of the budget line C?
by starling » Mon Nov 21, 2011 8:52 pm

3 Replies

430 Views

Last post by giulio
Mon Nov 21, 2011 9:12 pm
1) If a firm in a purely competitive industry is confronted with an equilibrium price of $5, its marginal reve?
by jabin20 » Mon Jun 25, 2012 1:46 am

1 Replies

806 Views

Last post by jabin20
Mon Jun 25, 2012 1:46 am
Come up with a price for this bond right now and explain all thoughts and assumptions that went into coming up?
by garret » Sun May 20, 2012 11:01 am

2 Replies

132 Views

Last post by emmanuil54
Sun May 20, 2012 11:04 am