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What is the low of diminishing …

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What is the low of diminishing marginal utility

    • Posted by Gautam Rawat 7 years, 2 months ago

    CBSE > Class 11 > Economics
    • 4 answers

    Sanjeev Rajput 7 years, 2 months ago

    Thee law states that when consumer consume more and more quantity of one good then the each additional of marginal utility will be declining.

    1Thank You

    Sanjeev Rajput 7 years, 2 months ago

    T

    0Thank You

    Amrit Kaur 7 years, 2 months ago

    It states as more and more unit of good is consumed continously without any time gap then MU derived from it must decline.

    1Thank You

    Khushi Sinha 7 years, 2 months ago

    It states that as more and more units of a commodity are consumed,marginal utility derived from every additional unit must decline. It happens in respect of all goods and services.

    1Thank You

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