Reetika Asked a Question
May 14, 2022 11:41 ampts 30 pts
who initially gave the law of diminishing marginal utility Marshall or Gossen?
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  • Priya sarda Best Answer
    The so-called Law of diminishing marginal utility was first formulated by Herman Gossen (1854) who stated: “The magnitude of one and the same satisfaction, when we continue to enjo...
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  • Priya sarda thankyou
    The so-called Law of diminishing marginal utility was first formulated by Herman Gossen (1854) who stated: “The magnitude of one and the same satisfaction, when we continue to enjo...
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