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How does the law of DMU …

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How does the law of DMU affect the law of demand?

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Lakshay Sharma 6 years, 8 months ago

Law of DMU states that as we consume more and more unit of a particular commodity each successive unit give lesser and lesser satisfaction so as the consumer demand more quantity of a particular commodity utility from it falls which is a reason that consumer value extra units at a lesser price.

  

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