限げん界かい効こう用よう逓てい減げんの法ほう則そく

noun

law of diminishing marginal utility

Economic principle that the additional satisfaction from consuming one more unit declines as consumption increases.

• 限げん界かい効こう用よう逓てい減げんの法ほう則そくは、ミクロ経けい済ざい学がくの基き本ほん的てきな概がい念ねんの一ひとつです。

  The law of diminishing marginal utility is one of the fundamental concepts of microeconomics.