Post Utme Lead City University 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2022 Economics Objective / Multiple Choice
Question 33 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • ECONOMICS • objective

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

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 Lead City University 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Lead City University Economics examination.

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