Reply to Thread

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

Message: <blockquote data-quote="inactive" data-source="post: 2004724" data-attributes="member: 7488">Actually I've looked into it. In fact I have a dadgum B.A. in Economics, my friend <img src="/images/smilies/biggrin.png"  class="smilie" loading="lazy" alt=":D" title="Big Grin    :D" data-shortname=":D" />You are correct it is a fundamental concept in Economics, actually in the introductory course of microeconomics.  The concept is that of the Law of diminishing marginal utility.   That is, the worker sees less marginal utility for his dollars earned (namely because he's too busy working to have time off to enjoy the time/money with his family).I did try to allude to that in my earlier comments, but apparently that part keeps getting missed:</blockquote>