The legitimacy of increasing marginal utility in social services: The case of university examinations
The concept of utility became rightfully recognized in economic theory with the introduction of decreasing marginal utility. However a question that arises is: does an increasing consumption of goods always and without exception lead to diminishing marginal utility? It is quite possible that in...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, Belgrade
2010-01-01
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| Series: | Ekonomski Anali |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/0013-3264/2010/0013-32641086067F.pdf |