s is not true because when the quantity of money increases, its marginal utility will diminish.This law is not applicable in the case of indivisible goods like TV sets, refrigerators, etc. Normally a person will buy only a single unit of such goods. Hence it is ridiculous to prepare an individual marginal utility schedule for such goods.However, this principle is useful to a consumer to obtain maximum satisfaction and it is also helpful to a producer to get maximum profits....
