diminishing marginal utility उदाहरण वाक्य
उदाहरण वाक्य
- Thus if one is concave, so is the other, in which case there is said to be diminishing marginal utility.
- More specifically, when making comparisons between countries, a principle called the Diminishing Marginal Utility of Income ( DMUI ) stands strong.
- The law of diminishing marginal utility implies that poorer people will gain more utility from money for additional spending than the wealthy.
- In fact, many contemporary analyses of saving and portfolio choice require stronger assumptions than diminishing marginal utility, such as the assumption of convex marginal utility.
- The ( indirect ) utility function for money is a nonlinear function that is concave in the positive region, reflecting the phenomenon of diminishing marginal utility.
- August : The law of diminishing marginal utility-- As you increase consumption of a product, there is a decline in the satisfaction gained from consuming each extra unit.
- A thorough-going marginalism sees marginal cost as increasing under the " law " of diminishing marginal utility, because applying resources to one application reduces their availability to other applications.
- Assuming consumers experience diminishing marginal utility, they will want to smooth out consumption over time, e . g . take on debt as a student and also ensure savings for retirement.
- However, to the extent that future generations are likely to be richer than those in the present, a positive discount rate should be applied reflecting the diminishing marginal utility of consumption.
- :: : Indeed, my answer on the Maths desk accounted for that . ( It's a consequence of the diminishing marginal utility of money combined with the need for a risk premium.