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What is equi-marginal utility?
This Theory was propounded by H.H Gossen and called Gossen second law and developed by Alfred Marshall and all the credit is given to Alfred Marshall. This theory states that a retoinal consumer spend his total budget between among the goods he will derived the satisfaction from the additional goods.
What groups of players make all of the economic in a free market system?
The consumers make all decisions in a free market economy
What groups of players make all the economic decisioins in a free-market system?
The consumers make all decisions in a free market economy
What did Bill Gates do all his life?
Make Microsoft!
Why do people make counterfeit money?
Because people want to make money without all the responsibility.
Did Alfred nobel go to university?
Yes, Alfred Nobel attended the Royal Institute of Technology in Stockholm for chemical engineering training, but he did not attend a traditional university.
Who created the novel peace prize?
The Nobel Peace Prize was created by the inventor and industrialist Alfred Nobel, the founder of the Nobel Prizes. It was established in his will in 1895 and first awarded in 1901.
How come the Nobel prize was invented?
Alfred B Nobel the inventor of dynamite was a bachelor , so when he died he put all his money in atrust , and the prizes are given from the intrest on the money invested.
Was Alfred Nobel poor?
He had earned a lot of money from his invention of Dynamite, but when he found out that it was being used for military purposes he gave all the money he had earned to create the Nobel Prize organization.
Alfred Nobel Mark Twain Ernest Hemingway and Marcus Garvey had what in common?
The all read their own obituary in the newspaper.
Who started the Nobel Peace Prize?
Martin Luther King Jnr was the winner of the 1964 Nobel Peace Prize. At the time of winning it, he was the youngest person to be awarded the honour.
Who are two famous people from Sweden?
Astrid Lindgren, an author. Alfred Nobel, the starter of the Nobel price. Carl von Linné (1707-1778) who founded modern taxonomy of all living beings. Without Linné there probably wouldn't be a Darwin.
What were all the inventions of Alfred Nobel?
Dynamite, ballisite, blasting cap and the Nobel Prize.
5 Famous Nobel Prize winners?
I would say, all of them. The mere fact of getting the Nobel Prize will make them famous. You can find a list of Nobel Prize winners in the Wikipedia article "List of Nobel laureates".
Is Alfred Nobel a peacful man?
Alfred Nobel was a Swedish inventor and industrialist known for inventing dynamite and for establishing the Nobel Prizes. While he garnered wealth from his inventions, he also felt guilt over their potential for harm in warfare. He later dedicated his wealth to instituting the Nobel Prizes to promote peace and progress in various fields.
Are all gypsies fortune tellers?
No, not all gypsies are fortune tellers nor are all fortune tellers gypsies.
What is the meaning of to make a fortune?
To make what one considers a large amount of money. To Bill Gates a fortune is a multitude of billions, to another person it may be millions. Its all relative to your expectations.
