Register
Consumers experience ______ marginal utility the more they consume of a particular good or service.
202,032 views
23 votes
23 votes
Consumers experience ______ marginal utility the more they consume of a particular good or service.

User Bridget Jones
by
2.8k points

1 Answer

22 votes
22 votes

Answer:

less

Step-by-step explanation:

The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.

User Giles Gardam
by
2.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve
If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of answer choices bond interest is deductible for tax purposes. interest must be
In January of the current year, Dora made a gift of stock to her granddaughter. At the time of the gift, the stock was worth $15,000. Several months later in the same year after the gift, a $500 dividend
Link Copied!