The Law of Diminishing Marginal Utility States That

The law of diminishing marginal utility states that:

A) total utility is maximized when consumers obtain the same amount of utility per unit of each product consumed
B) price must be increased to encourage businesses to supply more of a product
C) price must be lowered to induce businesses to supply more of a product
D) it takes increasingly larger amounts of resources, beyond a particular point, to produce successive units of a product
E) additional units of a given product yield less and less extra satisfaction to a consumer