What do you want out of life? How much satisfaction do you get from what you do get? The economics law of diminishing marginal utility helps explain consumer choices.
Video #1 - Diminishing Marginal Utility
Video #2 - Law of Diminishing Marginal Returns
Video #3 - Indifference Curve (explains the consumer's choices)
This material was gathered by Linda Aksomitis
Instructor for Introduction to Internet Writing Markets
and Credenda Virtual College
Instructor for Introduction to Internet Writing Markets
and Credenda Virtual College
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