Post Utme Redeemers University 2021 Commerce Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2021 Commerce Objective / Multiple Choice
Question 31 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • COMMERCE • objective

In a perfectly competitive market, the law of diminishing marginal utility applies to which of the following?

Answer Options

Correct Answer A. Firms
B. Households
C. Markets
D. Government
Correct Answer
A
Correct Option:
Firms

About This Question

This is Post Utme Redeemers University 2021 Commerce Question 31. It is one of the objective questions from the 2021 Post Utme Redeemers University Commerce examination.

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