The Law of Diminishing Marginal Utility states that as a person consumes more units of a good or service, the additional satisfaction or utility derived from each additional unit decreases, assuming that other factors remain constant. In other words, the more of something we have or consume, the less we value each additional unit.
The first slice is amazing, the tenth? Not so much 🍕📉 More of
something brings less satisfaction over time.
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