Question

____________ Dєƒıηє łαω σƒ Dıмıηısнıηg мαяgıηαł υтıłıтy ?¿​

Answer 1

Answer:

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thє lαw σf dímíníshíng mαrgínαl utílítч stαtєs thαt αll єlsє єquαl αs cσnsumptíσn íncrєαsєs thє mαrgínαl utílítч dєrívєd frσm єαch αddítíσnαl unít dєclínєs. mαrgínαl utílítч ís dєrívєd αs thє chαngє ín utílítч αs αn αddítíσnαl unít ís cσnsumєd. utílítч ís αn єcσnσmíc tєrm usєd tσ rєprєsєnt sαtísfαctíσn σr hαppínєss.

Answer 2

Answer:

According to the Law of Diminishing Marginal Utility, marginal utility of a good diminishes as an individual consumes more units of a good. ... The law of diminishing marginal utility means that the total utility increases but at a decreasing rate.