What Is the Shape of the Marginal Utility Curve?

The marginal utility refers to the additional utility (satisfaction or enjoyment) that is received from the consumption of an additional unit of a commodity.

Since the consumption increases the marginal utility decreases and therefore the shape of the marginal utility curve slopes downward.

Also read:

Learn about more questions and answers on business studies and various other commerce topics from our website.

Was this answer helpful?


0 (0)


Choose An Option That Best Describes Your Problem

Thank you. Your Feedback will Help us Serve you better.

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *




Free Class