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What is this called when a buyer purchases a good each additional item type is less satisfying than the earlier one?
Wiki User
∙ 13y ago
The principle of diminishing marginal utility
Wiki User
∙ 13y ago
This is known as diminishing marginal utility. It is the principle that the satisfaction or utility derived from consuming each additional unit of a good decreases as more of it is consumed. This concept is a fundamental principle in economics and helps explain consumer behavior.
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Why do elderly persons often develop bowed backs and appear shorter than they were in earlier years?
This is a result of a bone disease called osteoporosis.
What do you understand by interest?
Among other things, it refers to a payment you make to borrow money. For example, you borrow 1000 dollars, and after a while, you pay back the 1000 dollars, plus an additional amount. This additional amount is called the "interest".
What is one thousand trillion called?
quadrillion You may want to see this URL for additional figure. http://www.jimloy.com/math/billion.htm
The accumulation of funds over time where previous interest earned remains in the account to earn additional interest is called?
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What is the percentage of total purchases made by a customer called?
the percentage of total purchases made by a customer in your store is called ?
Set of points satisfying a condition?
This is called the locus.
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cost
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The buyer who purchases and takes ownership of another company's accounts receivable is called a factor.
Is earlier an adverb?
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A customer
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Bhagyanagaram
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EDO
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It's called a trade -off No problem hope that's it
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boats
A business that purchases a product from another business to sell to customers is called a?
manufacturing business
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how do you offering additional product or services to a customer
