Law of Diminishing Marginal Utility
Law of diminishing marginal utility (DMU)states that as we devour an ever increasing number of units of a ware. So, the utility derive from each successive unit goes on decreasing. …
Economics
Introduction about Economics
Economics could be ascientific disciplinethat studies the manner a society chooses to use its restricted resources, that have various uses, to provideproduct and services and to distribute them among completely different teams of individuals. it’s a science that analyses the selectioncreating economic behaviour. Economics is distribute in …