Criticism of Law of Equi-Marginal Utility

Criticism, Limitations and Exceptions of The Law of Equi-Marginal Utility Following are the main reasons for the criticism of the Law of Equi-marginal utility by H. H. Gossen. Although, it is a basic law of economics and consumers knowingly or unknowingly are compelled, to follow this law. This law is applicable in every field of …

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