Nov
26
A Thanksgiving Illustration of Diminishing Marginal Utility
November 26, 2014 | Leave a Comment
Here is an example of how to put the theory of diminishing marginal utility you have learned in Econ 10a and 80a to good use. A definitive ranking of Thanksgiving sides. Who knew brussel sprouts yield increasing marginal utility? Who says a liberal arts education is not practical?!? Have a happy and safe Thanksgiving.