Post Utme Pan Atlantic University 2022 Economics Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2022 Economics Objective / Multiple Choice
Question 30 POST_UTME_PAN-ATLANTIC_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 Pan Atlantic University 2022 Economics Question 30. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.

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