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Blittle5 Blittle5
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A year ago
A basic hypothesis of marginal utility theory is that the utility a consumer derives from successive units of a good diminishes as total consumption of the good increases. This hypothesis is known as

▸ utility maximization.

▸ the utility theory of demand.

▸ the law of diminishing marginal utility.

▸ the law of diminishing total utility.

▸ the paradox of value.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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tpriest1tpriest1
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A year ago
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Blittle5 Author
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A year ago
Thank you, thank you, thank you!
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Smart ... Thanks!
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2 hours ago
Brilliant
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