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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
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2 Answers

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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
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"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
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