Post Utme Lasu 2017 Commerce Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Lasu Commerce examination.

Post Utme Lasu 2017 Commerce Objective / Multiple Choice
Question 34 POST_UTME_LASU • 2017 • COMMERCE • objective

In a perfectly competitive market, the law of diminishing marginal utility is most relevant to the production of which of the following?

Answer Options

Correct Answer A. Firms
B. Households
C. Markets
D. Government
Correct Answer
A
Correct Option:
Firms

About This Question

This is Post Utme Lasu 2017 Commerce Question 34. It is one of the objective questions from the 2017 Post Utme Lasu Commerce examination.

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