Question

What is law of DMU??

Answer 1

Heya....

======= Answer ======

What is law of Diminishing Marginal Utility ( DMU ) ????

Ans ---

Law of Diminishing Marginal Utility States that, when more and more units of a commodity is consumed then the total marginal utility form every additional unit tends to decline, and once leads to go negative or negative...

Assumptions ----

"" Units should be consumed in the standard unit means complete...

"" Consumption should be continuous.....

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Answer 2

Here is your answer :-

Q: What is law of DMU?

Ans :- DMU is stands for Diminishing Marginal Utility.

This law says that equal consumption increases the marginal utility which is derived from each additional unit declines.
The Marginal Units is derived as change in utility as the additional unit is consumed.
We all know that utility is an economic term used to represent happiness.
Marginal utility is increasing the Utility that's result on the consumption of an additional unit.