Economics
JAMB 1985
\(\begin{array}{c|c}
\text{Units of Quantity consumed} & \text{Total utility} & \text{Marginal utility} \\
0 & --- & --- \\
1 & 10 & 10 \\
2 & 15 & 5 \\
3 & 17 & 2 \\
4 & 18 & 1 \\
5 & 18 & 0 \\
\end{array}\)
The table above illustrates the law of?
-
A.
diminishing marginal utility
-
B.
diminishing marginal productivity
-
C.
diminishing returns
-
D.
increasing returns
-
E.
increasing total utility
Correct Answer: Option A
Explanation
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