what is law of DMU??
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The law of diminishing marginal utility describes a familiar and fundamental tendency of human behavior. The law of diminishing marginal utility states that: “As a consumer consumes more and more units of a specific commodity, the utility from the successive units goes on diminishing”.
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Heya....
Law of Diminishing Marginal Utility States that when more and more units of a commodity is consumed then the satuae derived from every additional unit tends to decline...
It is also called fundamental law
Law of Diminishing Marginal Utility States that when more and more units of a commodity is consumed then the satuae derived from every additional unit tends to decline...
It is also called fundamental law
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