Get expert advice and community support on IDNLearn.com. Ask any question and get a thorough, accurate answer from our community of experienced professionals.
Sagot :
As a consumer consumes more of a good or service, the additional satisfaction of consuming the additional units goes down. This is called the law of diminishing marginal utility.
What is utility?
It should be noted that utility simply means the satisfaction that's derived from using a good or service.
In this case, as a consumer consumes more of a good or service, the additional satisfaction of consuming the additional units goes down. This is called the law of diminishing marginal utility.
Learn more about consumer on:
brainly.com/question/380037
#SPJ1
We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.
