Question

write the acception of diminishing marginal utility ?​

Answer 1

Explanation:

The law of diminishing marginal utility states that as more and more of goods are consumed, the utility derived from them falls. 

Answer 2

Answer:

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 derived as the change in utility as an additional unit is consumed. Utility is an economic term used to represent satisfaction or happiness. Marginal utility is the incremental increase in utility that results from consumption of one additional unit.

Explanation:

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