laws of diminishing marginal utility
laws of diminishing marginal utility is the plural of law of diminishing marginal utility.
Meaning of law of diminishing marginal utility
Noun
law of diminishing marginal utility (plural laws of diminishing marginal utility)
- The theory that as the quantity of a good or service consumed increases, the additional satisfaction (marginal utility) gained from each additional unit decreases, reflecting a general decline in utility for each successive unit consumed.
Questions about laws of diminishing marginal utility
- What is laws of diminishing marginal utility the plural of?
- Laws of diminishing marginal utility is the plural of law of diminishing marginal utility.
Words near laws of diminishing marginal utility in the dictionary
Source and license
Adapted from Wiktionary: laws of diminishing marginal utility (page history and authors); law of diminishing marginal utility (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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