Meaning Of The Word Law of diminishing marginal utility

Real Dictionary

What's the definition of Law of diminishing marginal utility? Find Law of diminishing marginal utility meanings, definitions and more at the Real Dictionary online.

Law of diminishing marginal utility Meaning

Law of diminishing marginal utility Definition
Law of diminishing marginal utility Definition

What's The Definition Of Law of diminishing marginal utility?

law of diminishing marginal utility in American English
noun: the law that for a single consumer the marginal utility of a commodity diminishes for each additional unit of the commodity consumed

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Shaving stick ‐ noun: a piece of shaving foam moulded into a slender…
  • Whin ‐ furze; whinstone; noun; noun: any thorny or prickly…
  • Aegisthus ‐ the son of Thyestes and lover of Clytemnestra:…
  • Sorrowful ‐ full of sorrow; feeling, causing, or expressing…
  • Wood ear ‐ tree ear; noun; noun: an edible basidiomycetous…
  • Bats-wing coral-tree ‐ noun: a small tree, Erythrina verspertilio, of…
  • Carolina ‐ city in NE Puerto Rico, near San Juan: pop. 186,000…
  • Poultry farm ‐ noun: a farm on which domestic fowls, esp chickens…
  • Allenby ‐ ˈEdmund Henry Hynman (ˈhɪnmən ) 1st Viscount…
  • Barry ‐ a masculine name; noun: a male given name: from…