Outrageously Funny Search Suggestion Engine :: Nonplussation

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What is the definition of Nonplussation? 🙋

👉 Nonplussation is a concept in economics that refers to the phenomenon where an individual's consumption of goods and services does not increase as their income increases. This can be expressed mathematically by stating that the marginal utility per dollar spent on each good or service is zero, regardless of the price level. Nonplussation occurs when there is no change in the total amount of money a person has available for consumption.


nonplussation

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