Question

Diagram of law of diminishing marginal utility explain..? ​

Answer 1

$\huge\sf{A᭄nswer:-}$

It should be carefully noted that is the $\sf\red{marginal\: utility}$ and not the total utility than declines with the increase in the consumption of a good. The law of diminishing marginal utility means that the total utility increases but at a decreasing rate.❤

Answer 2

It should be carefully noted that is the marginal utility and not the total utility than declines with the increase in the consumption of a good. ... The law of diminishing marginal utility means that the total utility increases but at a decreasing rate.