× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
r
3
e
3
New Topic  
A.Jay A.Jay
wrote...
Posts: 273
6 years ago
What is the principle of diminishing marginal utility?
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 56 times
2 Replies

Related Topics

Replies
wrote...
6 years ago
 The principle of diminishing marginal utility is that as more of any good is consumed the extra satisfaction derived declines. Increases in total utility from the consumption of a good becomes smaller and smaller as more of the good is consumed in a given time period.
A.Jay Author
wrote...
6 years ago
Helps a lot... Now I'm ready for my quiz
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1211 People Browsing
Related Images
  
 268
  
 329
  
 339
Your Opinion
What's your favorite coffee beverage?
Votes: 303

Previous poll results: What's your favorite math subject?