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(ECONOMICS) To understand demand, you must understand that people often reach a point when an additional unit of a product consumed is less satisfying than the one before it. Th…

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asked Nov 3, 2019 76.6k views

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(ECONOMICS)

To understand demand, you must understand that people often reach a point when an additional unit of a product consumed is less satisfying than the one before it. This idea is called _______ ______.

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Osagie asked

by Osagie

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i think the answer is diminishing marginal utility

Nikunj Dhimar answered Nov 9, 2019

by Nikunj Dhimar

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(ECONOMICS) To understand demand, you must understand that people often reach a point when an additional unit of a product consumed is less satisfying than the one before it. Th…

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