The law of diminishing marginal utility holds that at some point consumption of additional units of a commodity adds less to total utility.

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The law of diminishing marginal utility states that as a person consumes more and more units of a commodity, the pleasure or satisfaction that they derive from consuming each additional unit will eventually start to decrease. This means that the marginal utility of each additional unit consumed will be lower than the marginal utility of the previous unit.

The Law of Diminishing Marginal Utility Holds That at Some