The Law of Marginal Utility

The law of marginal utility does not refer to objective use value, but to subjective use value. It can happen that the employment of a certain minimum quantity in units of a good a can provide a satisfaction which is deemed more valuable than the vices expected from one unit of a good b. But if the supply of a available is smaller than n, a can only be employed for another service which is considered less valuable than that of b. The owner of 100 logs may build a cabin which protects him against rain better than a raincoat. A man whose savings amount to 100 dollars may not be willing to carry out some work for a remuneration of 200 dollars. As the owner of 95