Economy, asked by 20100032110119, 2 months ago

how is law of demand related to law of diminishing marginal utility​

Answers

Answered by srabanikasahoo
1

Answer:

I am not sure...

Explanation:

The law of diminishing marginal utility applies to business in that it is closely connected to the law of demand. That law states that as price decreases, consumption increases and that as price increases, consumption decreases.

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