What mathematical property describes a good that you get tired of consuming as you consume more...

What mathematical property describes a good that you get tired of consuming as you consume more of it?

Diminishing marginal utility

Negative marginal utility

Positive marginal utility

Increasing marginal utility

Solutions

Expert Solution

"A"

Diminishing marginal utility defines that if we go on cosuming a goods after a point we will stop consuming it because we do not get any more benefit from it.

Rahul Sunny answered 2 years ago

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