Social Sciences, asked by tissopiserlin4, 7 months ago

why marginal utility deminish ​

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Answered by Anonymous
6

\huge\boxed{\underline{\mathcal{\red{A}\green{N}\pink{S}\orange{W}\blue{E}\pink{R}}}}

The Law of Diminishing Marginal Utility directly relates to the concept of diminishing prices.

As the utility of a product decreases as its consumption increases, consumers are willing to pay smaller dollar amounts for more of the product.

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Answered by Anonymous
7
Hello

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