This table illustrates the law of _________

Units of Quality Consumes Total Utility Marginal Utility
0 – –
1 10 10
2 15 5
3 17 2
4 18 1
5 18 0

This table illustrates the law of _________
A. Increasing returns
B. Diminishing returns
C. Diminishing marginal utility
D. Increasing total utility
Correct Option: Answer is C

0 0 votes
Article Rating

Solutions is incorrect? Kindly leave a feedback at the comment section

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
Scroll to Top
Scroll to Top

Download UTME/JAMB Past Questions in PDF format

Get 30% Off with this promo code UZK5QNHC