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What is law of diminishing marginal …

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What is law of diminishing marginal utility?

    • Posted by Aditi Gurjar 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Poorva Chopra 7 years ago

    The law of diminishing marginal utility states that as we consume more and more units of a commodity , the utility derived from each successive unit goes on decreasing .

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