Post Utme Ksu 2017 Commerce Question 31

Practice objective / multiple choice question 31 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 31 POST_UTME_KSU • 2017 • 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 line
D. an upward-sloping line
Correct Answer
C
Correct Option:
a downward-sloping line

About This Question

This is Post Utme Ksu 2017 Commerce Question 31. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

View More Post Utme Ksu 2017 Commerce Questions More Post Utme Ksu Practice Questions Back to Questions

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