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Marginal Utility Theory Versus The Mainstream
tippinsights.com/marginal-utility-theory-versus-the-mainstream
By Frank Shostak, Mises Wire | September 08, 2025
Why do individuals value bread less than gold, when bread seems to be more important in supporting an individual’s life than gold? To provide an answer to this question, economists refer to the law of diminishing marginal…
This story appeared on tippinsights.com, 2025-09-13 18:41:28.