Post Utme Unilorin 2025 Commerce Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2025 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UNILORIN • 2025 • COMMERCE • objective

In a perfectly competitive market, the law of diminishing marginal utility is most closely related to which of the following?

Answer Options

A. Law of Supply
B. Law of Demand
Correct Answer C. Law of Diminishing Marginal Utility
D. Law of Increasing Opportunity Cost
Correct Answer
C
Correct Option:
Law of Diminishing Marginal Utility

About This Question

This is Post Utme Unilorin 2025 Commerce Question 21. It is one of the objective questions from the 2025 Post Utme Unilorin Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support