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The "law of diminishing marginal utility" asserts that marginal utility is always positive. More is always better.

In any case, it is a bizarre notion with perhaps limited applicability in the real world.



I'm not sure economists have ever overeaten :) More is for sure not always better. For instance, there may be storage costs. I discourage people from giving me nonconsumable gifts, because I don't have enough space for the crap I already have. Other economic actors like corporations can totally have this problem.


Always, you say?

Tell me about your thoughts on the marginal utility of child pornography.

Need to be careful with those universals.




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