Question

what is law of diminishing marginal utility with the suitable daigram
​

Answer 1

$\huge \boxed{ \fcolorbox{red}{orange}{hello}}$

According to the Law of Diminishing Marginal Utility, marginal utility of a good diminishes as an individual consumes more units of a good. In other words, as a consumer takes more units of a good, the extra utility or satisfaction that he derives from an extra unit of the good goes on falling.

Answer 2

Answer:

The law of diminishing marginal utility states that the marginal utility of a good or service declines as its available supply increases.

hope it help you!