Marginal utility of wealth will ___ among investors depending upon the level of wealth the investor possesses before receiving the additional dollar in returns.

Question

Quizplus · Accepted Answer

Marginal utility of wealth is the additional satisfaction or utility that a person gains from receiving or consuming an additional unit of a good or service. It tends to differ among investors because it is influenced by the level of wealth they already possess. Wealthier individuals may value an additional dollar less than those with less wealth, reflecting the principle of diminishing marginal utility.

Marginal Utility of Wealth Will ___ Among Investors Depending Upon