Definition of Law of diminishing marginal utility

1. Noun. (economics) In economics, the theory there is a general decrease in the utility of a product, as more units of it are consumed. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Law Of Diminishing Marginal Utility

law of biogenesis
law of chemical equilibrium
law of closure
law of common fate
law of conservation of energy
law of conservation of matter
law of constant numbers in ovulation
law of constant proportion
law of contiguity
law of continuation
law of contrary innervation
law of cosines
law of definite proportions
law of denervation
law of diminishing marginal utility (current term)
law of diminishing returns
law of double negation
law of effect
law of equal areas
law of equivalent proportions
law of excitation
law of excluded middle
law of gravitation
law of initial value
law of intestine
law of isochronism
law of large numbers

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