Question

How does the slope of the demand curve can be explained by the principle of diminishing marginal utility?

Answer 1

Diminishing marginal utility states that we are not able to pay as much for it as we are using more of a product. The demand curve is, thus, sloping downwards.

Answer 2

@justus Ayy thnx ^^

Answer 3

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Dileiny
@justus Ayy thnx ^^
\(\color{#0cbb34}{\text{End of Quote}}\)
I gotchu