Question

According to the Law of diminishing marginal utility, satisfaction obtained from consumption of each successive unit ______.

पर्याय

• Increases

• Decreases

• Remains same

• Either increases or decreases

Answer 1

According to the Law of diminishing marginal utility, satisfaction obtained from consumption of each successive unit Decreases.

Explanation:

The law states that marginal satisfaction falls as more successive units of a commodity are consumed. It does not generally remain constant or keep increasing.