Post Utme Lautech 2019 Economics Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Lautech Economics examination.

Post Utme Lautech 2019 Economics Objective / Multiple Choice
Question 17 POST_UTME_LAUTECH • 2019 • ECONOMICS • objective

The law of diminishing marginal utility states that as the consumption of a good increases, the marginal utility derived from each additional unit of the good

Answer Options

A. increases
Correct Answer B. decreases
C. remains cons\tant
D. becomes negative
Correct Answer
B
Correct Option:
decreases

About This Question

This is Post Utme Lautech 2019 Economics Question 17. It is one of the objective questions from the 2019 Post Utme Lautech Economics examination.

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