Post Utme Unilorin 2024 Economics Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2024 Economics Objective / Multiple Choice
Question 36 POST_UTME_UNILORIN • 2024 • 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 of the good decreases

Answer Options

Correct Answer A. True
B. False
C. Maybe
D. Not sure
Correct Answer
A
Correct Option:
True

About This Question

This is Post Utme Unilorin 2024 Economics Question 36. It is one of the objective questions from the 2024 Post Utme Unilorin Economics examination.

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