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Fullu explain law of marginal utility

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Fullu explain law of marginal utility
  • 2 answers

Yogita Ingle 7 years ago

Law of Diminishing Marginal Utility The law states that as more and more standard units of a commodity are continuously consumed, Marginal Utility derived from each successive units goes on diminishing. It is also called fundamental law of satisfaction

Angad Mehra 7 years ago

Law of diminishing marginal utility states that when consumer takes extra unit of community the utility for extra community nust be fall
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