The law of diminishing marginal utility states that as a consumer consumes more of a commodity:

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The law of diminishing marginal utility states that as a consumer consumes more of a commodity:

The law of diminishing marginal utility states that as a consumer consumes more of a commodity:
A) the total satisfaction increases
B) the total satisfaction diminishes
C) the utility derived from each additional unit diminishes after a while
D) the marginal unit gives the same satisfaction as the price of the product

Textbook

Microeconomics

Edition: 2^nd

Author: James

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