Post Utme Greenfield University 2025 Commerce Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2025 Commerce Objective / Multiple Choice
Question 26 POST_UTME_GREENFIELD_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

Answer Options

A. a vertical line
B. a horizontal line
Correct Answer C. a downward-sloping curve
D. an upward-sloping curve
Correct Answer
C
Correct Option:
a downward-sloping curve

About This Question

This is Post Utme Greenfield University 2025 Commerce Question 26. It is one of the objective questions from the 2025 Post Utme Greenfield University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support