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Explain the exemptions of the law of diminishing marginal utility?

      

Explain the exemptions of the law of diminishing marginal utility?

  

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Benjamin
Explain the exemptions of the law of diminishing marginal utility
1: Desire for money-the more the money one gets the more the satisfied they are
2: Desire for knowledge-when one get more and more knowledge the desire for knowledge decreases
3: Personal hobby-one cannot get fired doing his/her hobby
4: Addiction-the more addicted you are to something the more you consume it
5: Fashionable things.

Kalis answered the question on March 23, 2018 at 15:08


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