Definition of the Law: "Other things remaining the same when a person takes successive units of a commodity, the marginal utility diminishes constantly". The marginal utility of a commodity diminishes at the consumer gets larger quantities of it. According to Samuelson, “As the amount consumed of a good increases, the marginal utility of the good tends to decrease.” Total Utility: Total utility refers to the entire amount of satisfaction obtained from consuming various quantities of a commodity. Marginal Utility: Marginal utility is the addition made to total utility by consuming one more unit of commodity The consumer who is consuming the goods should be knowledgeable to consume every unit of goods. The goods which are to be consumed should be equal in size and shape. Consumer should consume the goods without time gap. The consumer’s income, preference, taste and fashion should not be changed while consuming the goods. utility should be measured in countable units or cardinal numbers. As we know that money is the measuring rod of utility, being so, marginal utility of money should remain constant during consumption of the goods income of the consumer and the price of goods and services remains unchanged during the period of consumption The consumer who is consuming the goods should be knowledgeable to consume every unit of goods. The goods which are to be consumed should be equal in size and shape. Consumer should consume the goods without time gap. The consumer’s income, preference, taste and fashion should not be changed while consuming the goods. utility should be measured in countable units or cardinal numbers. As we know that money is the measuring rod of utility, being so, marginal utility of money should remain constant during consumption of the goods income of the consumer and the price of goods and services remains unchanged during the period of consumption