Post Utme Nile University 2021 Economics Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Nile University Economics examination.

Post Utme Nile University 2021 Economics Objective / Multiple Choice
Question 23 POST_UTME_NILE_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's demand curve is downward sloping because of the law of?

Answer Options

Correct Answer A. Diminishing Marginal Utility
B. Diminishing Marginal Returns
C. Law of Supply
D. Law of Demand
Correct Answer
A
Correct Option:
Diminishing Marginal Utility

About This Question

This is Post Utme Nile University 2021 Economics Question 23. It is one of the objective questions from the 2021 Post Utme Nile University Economics examination.

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