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ECON 101 AMU Law of Diminishing Marginal Utility Consumption Levels Discussion
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I’m stuck on a Micro Economics question and need an explanation.
An important law in economics is the “Law of Diminishing Marginal Utility”. Discuss what this law is and provide an example of diminishing marginal utility you’ve encountered recently. Please, stay away from food and drink examples as much as possible. 300+ words
