The marginal utility of a thing to anyone diminishes with every increase in the amount of it he already has. In Dhoni’s scenario, fans have always gone the distance to get a glimpse of him batting.

For example, a person may buy a luxury sports ... Curves are almost always concave, due to the diminishing marginal utility of most goods. The marginal rate of substitution is the amount of ...

Investopedia / Daniel Fishel The law of diminishing marginal utility predicts that consumers will gain more satisfaction from the first unit of a product they purchase than from additional ...