172k views
2 votes
The law of diminishing utility states that as you consume more of a good, the satisfaction that you feel _____ .

decreases
increases
stay the same

User ViVi
by
8.2k points

2 Answers

1 vote

Answer:This means that the level of satisfaction is deceasing (this is the correct answer): in the beginning you are more satisfied with the same product and later you are less satisfied even though the product remains the same.

Step-by-step explanation:

User Tabstop
by
8.1k points
2 votes
"diminishing" means that something is less, less strong or in lesser quantity.

This means that the level of satisfaction is deceasing (this is the correct answer): in the beginning you are more satisfied with the same product and later you are less satisfied even though the product remains the same.
User Mike Ward
by
7.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.