Economy, asked by parbhawatiyadav523, 26 days ago

explain the law of marginal utility

Answers

Answered by rahuldrsingh

1

Answer:

The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines. ... Marginal utility is the incremental increase in utility that results from consumption of one additional unit.

Answered by ayushsharma13200623

1

Explanation:

The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines. ... Marginal utility is the incremental increase in utility that results from consumption of one additional unit.

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