Assumptions of law of diminishing marginal utility??
Answers
Answered by
1
Answer:
Assumptions of Law of Diminishing Marginal Utility. Definition: The Law of Diminishing Marginal Utility states that with the increased consumption of the commodity, the satisfaction derived from each successive unit goes on diminishing.
Similar questions
Math,
6 months ago
Computer Science,
6 months ago
Social Sciences,
1 year ago
Math,
1 year ago
Biology,
1 year ago