Download The Law Of Diminishing Marginal Utility Explains Why Pics. This article explains the law of diminishing marginal utility. Sunny on december 07, 2019:

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Marginal utility may decrease into negative utility, as it may become entirely unfavorable to consume another unit of any product. The theory of consumer behavior assumes that: This law can also be explained by the following table

If we were to represent the law of diminishing marginal utility using a graph, it it helps us understand why a consumer is less and less satisfied with the consumption of every additional unit of.

This is the basis which demand curve is derived from. I will explain the law in the following words. Suppose in the month of june a person start drinking water. Sunny on december 07, 2019: