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When the family kept buying slices of cake, the law of diminishing marginal utility made each additional slice less satisfying.
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When the family kept buying slices of cake, the law of diminishing marginal utility made each additional slice less satisfying.
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Related words
law of diminishing marginal utility
Noun
Japanese Meaning
経済学の概念で、追加の単位を消費するごとに得られる効用（満足度）が徐々に減少する現象を示す法則 / 消費が増加すると商品の追加的な効用が低下する、いわゆる限界効用逓減の現象を説明する法則
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