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URL: https://www.investopedia.com/ask/answers/013015/what-does-law-diminishing-marginal-utility-explain.asp
Site: Investopedia
Title: What Does the Law of Diminishing Marginal Utility Explain?
Description: In economics, the law of diminishing marginal utility states that the added benefit of consuming more of a product or service declines as its consumption increases.
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