Post Utme Al Hikmah University 2024 Commerce Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2024 Commerce Objective / Multiple Choice
Question 36 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • COMMERCE • objective

In a perfectly competitive market, the law of diminishing marginal utility implies that the demand curve for a firm's product is

Answer Options

A. a vertical line
B. a horizontal line
Correct Answer C. a downward-sloping curve
D. an upward-sloping curve
Correct Answer
C
Correct Option:
a downward-sloping curve

About This Question

This is Post Utme Al Hikmah University 2024 Commerce Question 36. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Commerce examination.

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