Post Utme Uniben 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Uniben Economics examination.

Post Utme Uniben 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNIBEN • 2019 • ECONOMICS • objective

The law of diminishing marginal utility states that as the quantity of a good consumed increases, the

Answer Options

A. marginal utility of the good increases
Correct Answer B. marginal utility of the good decreases
C. total utility of the good increases
D. total utility of the good decreases
Correct Answer
B
Correct Option:
marginal utility of the good decreases

About This Question

This is Post Utme Uniben 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Uniben Economics examination.

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