Question

How is the law of diminishing marginal utility reflected in the demand curve?

Answer 1

it reflects because the law of diminishing marginal utility state that the first time a product is consume it gives a high satisfaction but when the same goods is consume regularly the rate of satisfaction will be low.
##demand states that the higher the price the lower the quantity demanded and the lower the price the higher the quantity demanded.
## it reflects thus: because when it gives a lower satisfaction and the price high it won't be afforded but when it gives a higher satisfaction and the price is low it will be demanded .