Diminishing marginal utility

Diminishing marginal utility,

Definition of Diminishing marginal utility:

  1. See law of diminishing marginal utility.

How to use Diminishing marginal utility in a sentence?

  1. You should make certain decisions based on the diminishing marginal utility so that you can fully maximize your time on them.
  2. The cheap equipment wasnt much good to begin with, but once it started breaking down due to age and neglect, everyone attributed it to the law of diminishing marginal utility as opposed to internal incompetence.
  3. Confucius said that no tree grows to heaven and similarly diminishing marginal utility occurs frequently in our line of business.

Meaning of Diminishing marginal utility & Diminishing marginal utility Definition