Post Utme Babcock University 2017 Economics Question 36
Practice objective / multiple choice question 36 from the 2017 Post Utme Babcock University Economics examination.
The law of diminishing marginal utility states that as the quantity of a good consumed increases, the marginal utility derived from each additional unit decreases. However, this law does not apply to all goods. Which of the following goods is an exception to the law of diminishing marginal utility?
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About This Question
This is Post Utme Babcock University 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Babcock University Economics examination.
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