Economy, asked by akhiitoyagami4, 7 months ago

what is the law of diminishing marginal utilitie

Answers

Answered by shraddhasingh3031

3

Explanation:

The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines. ... Marginal utility is the incremental increase in utility that results from consumption of one additional unit.

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Answered by ramyaroshi

0

Explanation:

The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines. ... Marginal utility is the incremental increase in utility that results from consumption of one additional unit.

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