Post Utme Bowen University 2017 Commerce Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2017 Commerce Objective / Multiple Choice

Question 5 POST_UTME_BOWEN_UNIVERSITY • 2017 • COMMERCE • objective

A firm's demand curve is typically downward-sloping because of the law of

Answer Options

Correct Answer A. Diminishing Marginal Utility

B. Increasing Marginal Utility

C. Diminishing Returns

D. Law of Supply

Correct Answer

Correct Option:

Diminishing Marginal Utility

About This Question

This is Post Utme Bowen University 2017 Commerce Question 5. It is one of the objective questions from the 2017 Post Utme Bowen University Commerce examination.

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