law of diminishing marginal utility

English - English

Definition of law of diminishing marginal utility in English English dictionary

In economics, the theory there is a general decrease in the utility of a product, as more units of it are consumed

Hyphenation

law of diminishing mar·gin·al u·ti·li·ty

Turkish pronunciation

lô ıv dîmînîşîng märcınıl yutîlıti

Pronunciation

/ˈlô əv dəˈmənəsʜəɴɢ ˈmärʤənəl yo͞oˈtələtē/ /ˈlɔː əv dɪˈmɪnɪʃɪŋ ˈmɑːrʤənəl juːˈtɪlətiː/