Yes, I agree with this statement.
i. The law of DMU helps consumers in deriving the
maximum satisfaction from the given income level.
ii. It also helps Producers in determining the price
and sale policy and thereby maximising the profit.
iii. It is helpful to the monopolist to practise price
discrimination.
iv. It
helps government in implementing economic policies. It is helpful to financial
minister in framing various tax policies. 