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When a buyer purchases a good each individual item of a certain type is less satisfying that earlier what is this know as?
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When a buyer purchases a good each additional item of a certain type is less satisfying than the earlier ones?
This is the principle of diminishing marginal utility.
What does it mean when a buyer purchases a good and each additional item of a certain type is less satisfying than the earlier ones?
Well... It's none of your business because if you are selling it and the buyer finds it interesting then they will buy it. So just be reasonable, purchase their item(s) and forget about it. If it doesn't affect your life then don't worry about it. You should only start to care if it is illegal, if it's not illegal then dont worry about what they are buying.
What is this called when a buyer purchases a good each additional item type is less satisfying than the earlier one?
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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