asked 172k views
2 votes
The law of diminishing utility states that as you consume more of a good, the satisfaction that you feel _____ .

decreases
increases
stay the same

asked
User ViVi
by
8.2k points

2 Answers

1 vote

Answer:This means that the level of satisfaction is deceasing (this is the correct answer): in the beginning you are more satisfied with the same product and later you are less satisfied even though the product remains the same.

Step-by-step explanation:

answered
User Tabstop
by
8.1k points
2 votes
"diminishing" means that something is less, less strong or in lesser quantity.

This means that the level of satisfaction is deceasing (this is the correct answer): in the beginning you are more satisfied with the same product and later you are less satisfied even though the product remains the same.
answered
User Mike Ward
by
7.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.