Post Utme Crawford University 2025 Economics Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice
Question 1 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer's indifference curve is downward sloping and convex to the origin. What is the likely reason for this shape?

Answer Options

Correct Answer A. Diminishing marginal utility
B. Increa\sing marginal utility
C. Cons\tant marginal utility
D. No relationship with marginal utility
Correct Answer
A
Correct Option:
Diminishing marginal utility

About This Question

This is Post Utme Crawford University 2025 Economics Question 1. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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