340570 340570
  • 15-07-2021
  • Business
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What is decreasing marginal utility?

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tranngocthao177
tranngocthao177 tranngocthao177
  • 15-07-2021

Answer:

Diminishing Marginal Utility. Consuming one candy bar may satisfy a person's sweet tooth. If a second candy bar is consumed, the satisfaction of eating that second bar will be less than the satisfaction gained from eating the first. If a third is eaten, the satisfaction will be even less.

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Bellareese1548 Bellareese1548
  • 15-07-2021
In simple terms the effect being less the second time than the first :)
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