Gossen’s first law is known as.
A. Law of Equi-marginal utility.
B. Law of diminishing marginal utility
C. Law of demand.
D. Law of Diminishing returns.
Answer:B
Gossen’s first law is known as.
A. Law of Equi-marginal utility. B. Law of diminishing marginal utility C. Law of demand. D. Law of Diminishing returns.