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Why MRS diminishes?

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Why MRS diminishes?

Posted by Avni Solanki 5 years, 9 months ago

CBSE > Class 11 > Economics

1 answers

Ritika Goyal 5 years, 9 months ago

Bcoz as more of a good x is consumed his intensity for that commodity goes on diminishing n his intensity for every sacrificed good y increases this leads to diminishing mrs coz now consumer wants to sacrifice less of y for x

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