Post Utme Babcock University 2025 Commerce Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 36 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

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

Answer Options

A. Vertical
B. Horizontal
C. Inclined
Correct Answer D. U-shaped
Correct Answer
D
Correct Option:
U-shaped

About This Question

This is Post Utme Babcock University 2025 Commerce Question 36. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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