A consumer is better of integrating if the marginal utility of a gain is increasing more slowly than the marginal disutility of a loss.

Name: A consumer is better of integrating if the marginal utility of a gain is increasing more slowly than the marginal disutility of a loss.
Brand: Quizplus
Rating: 4.7 (52 reviews)

Question

Quizplus · Accepted Answer

If the marginal utility of a gain increases more slowly than the marginal disutility of a loss, integrating gains and losses can help offset the losses with gains, leading to a better overall utility outcome.

A Consumer Is Better of Integrating If the Marginal Utility