The law of diminishing marginal utility explains why

Question

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The law of diminishing marginal utility states that as a consumer consumes more of a good, the additional satisfaction or utility they receive from each additional unit consumed will eventually decrease. This means that in order for a consumer to continue to experience increasing levels of satisfaction, they must consume more and more of the good, but the additional satisfaction they receive from each additional unit will be less than the previous unit. This is why most individual demand curves slope downward, as consumers are willing to pay less and less for each additional unit consumed due to decreasing marginal utility.

The Law of Diminishing Marginal Utility Explains Why