There are few better illustrations of the law of diminishing marginal utility. If this diagnosis is right, there are simple solutions. |
|
Carlos Torres cites economics and its law of diminishing marginal utility as a guide. |
|
What we can see here is the iron law of diminishing marginal utility, and its cutting edge becomes sharper as incomes rise. |
|
As house is also a kind of commodity, it also coincides with the law of diminishing marginal utility. |
|