Think about purchasing an item you already own, another TV or pair of shoes, for example. Describe the item and your decision to purchase it.
Then indicate the role marginal utility would play in your decision to buy that additional item.
(If you say "it played no role," you haven't learned what marginal utility means!)
Please work the definition of marginal utility into your answer.
This question was answered on: Sep 16, 2020
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