Answer :
The law of diminishing marginal utility states that as consumption increases, the marginal utility derived from each additional unit declines. Hence, it increases then decreases.
As more of a product is consumed, total utility increases at a diminishing rate, reaches a maximum, and then decreases.
What Is Total Utility?
Total utility is the total amount of satisfaction or fulfillment that a consumer gets through the consumption of a specific good or service.
Therefore, the answers are it increases then decreases.
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