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6 Aug 2018
Critics of marginal utility analysis argue that it is unrealistic to assume that people make the mental calculus of marginal utility per dollar for large numbers of products. But when you are making a decision to either go to a first-run movie or buy a used DVD of last summerâs blockbuster, does this analysis seem so complex? Is it a reasonable representation of your thought process?
Critics of marginal utility analysis argue that it is unrealistic to assume that people make the mental calculus of marginal utility per dollar for large numbers of products. But when you are making a decision to either go to a first-run movie or buy a used DVD of last summerâs blockbuster, does this analysis seem so complex? Is it a reasonable representation of your thought process?
1
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watching
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Trinidad TremblayLv2
6 Aug 2018