Buy custom A Basic Analysis Of The Balkan Economy In Relation To The E.U.
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Business
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| Number of pages / Number of words: |
39 / 10687 |
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The fact remains, that at some point, both comsumers will become saturated by their love for seafood and the law of diminishing marginal utility will make itself apparent.
Our consumer, as this point, will seek to substitute some of his fish dinners with hamburgers or another alternative.
To conclude, the title question based on the argument above, the statement: "I love seafood so much I can't get enough of it" may be passionate, but economically speaking is implausible...
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Even if theoretically speaking the consumer had access to an infinite amount of seafood and an unlimited budget, in the end the good would not satisfy the consumer enough to remain a preferred good, thus this change in preference would result in the consumer literally having had enough.
First we must consider supply
and demand...
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A Basic Analysis Of The Balkan Economy In Relation To The E.u.
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