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by ttt333
1750 days ago
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If you consider "add to quality of life" a synonym for marginal utility I think you may be in agreement. Yes, $10 buys the same Mcdonald's lunch regardless of how much money one has, but two people, one with $0 and one with $1bn in net worth will be excited about that lunch to very different degrees. |
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This thread in response to this, to point out that the use of money is not the same as the marginal utility.