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Diminishing marginal utility in real life: Creative example

Diminishing marginal utility explains a lot about human behavior. For example, it helps illuminate why diets fail, romances fade, too much exercise harms us, and many other things. Select a human behavior and construct a "mini case study" that highlights the workings of marginal utility.

 

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9206679

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