Provide an example of diminishing marginal utility


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An important law in economics is the "Law of Diminishing Marginal Utility". Discuss what this law is and provide an example of diminishing marginal utility you've encountered recently.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Provide an example of diminishing marginal utility
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