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Diminishing Marginal Utility
Diminishing Marginal Utility is the principle stating that as a person increases consumption of a product, there is a decline in the marginal utility that person derives from consuming each additional unit of that product.
Pomegranates
A fruit with a tough outer layer that contains sweet-tart arils, which are edible seeds surrounded by juicy pulp.
Bananas
A type of elongated, edible fruit produced by various kinds of large herbaceous flowering plants in the genus Musa.
Principle Of Diminishing Marginal Utility
The proposition that each successive unit of a good or service consumed adds less to total utility than did the previous unit.
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