Post Utme Coal City University 2018 Economics Question 1

Practice objective / multiple choice question 1 from the 2018 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2018 Economics Objective / Multiple Choice
Question 1 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

The concept of diminishing marginal utility is most closely related to which of the following economic theories?

Answer Options

A. Law of Diminishing Returns
B. Law of Increa\sing Opportunity Cost
Correct Answer C. Law of Diminishing Marginal Utility
D. Law of Comparative Advantage
Correct Answer
C
Correct Option:
Law of Diminishing Marginal Utility

About This Question

This is Post Utme Coal City University 2018 Economics Question 1. It is one of the objective questions from the 2018 Post Utme Coal City University Economics examination.

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