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explain the law of dimnishing marginal …

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explain the law of dimnishing marginal utility with the help of a utility scheduled
  • 2 answers

Nikhil Dwivedi 7 years, 1 month ago

When a consumer consume a particular commodity continuously then the utility derived from successive unit start diminishing

Chesta Pawan Manchanda 7 years, 1 month ago

Law of diminishing marfinal utility states that if we consume more and more quantities of a commodity so marginal utility must decline with each and every successive unit.
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