This video goes through an example of deriving the Marginal Utility (and proving Non-satiation), Law of Diminishing Marginal Utility, and the Marginal Rate of Substitution.
Created by Justin S. Eloriaga
Watch video Marginal Utility, Law of Diminishing Marginal Utility, and the Marginal Rate of Substitution online without registration, duration hours minute second in high quality. This video was added by user Justin Eloriaga 03 April 2020, don't forget to share it with your friends and acquaintances, it has been viewed on our site 3,791 once and liked it 46 people.