Law of Diminishing Marginal Utility

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Law of Diminishing Marginal Utility

Written by Yang Yang · Filed under Basic Economic Concepts, Economics Diagrams, Microeconomics

Law of Diminishing Marginal Utility

Q – quantity of good
TU – total utility
MU – marginal utility (ΔTU)

Marginal utility

Author: Pawel Zdziarski (faxe)

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Last updated: December 11, 2009

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