Post Utme Nile University 2023 Economics Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Nile University Economics examination.

Post Utme Nile University 2023 Economics Objective / Multiple Choice
Question 31 POST_UTME_NILE_UNIVERSITY • 2023 • 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

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 Nile University 2023 Economics Question 31. It is one of the objective questions from the 2023 Post Utme Nile University Economics examination.

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