Economics
JAMB 2021
Units of Quality Consumes |
Total Utility |
Marginal Utility |
0
1
2
3
4
5
|
-
10
15
17
18
18
|
-
10
5
2
1
0
|
This table illustrates the law of _________
-
A.
Increasing returns
-
B.
Diminishing returns
-
C.
Diminishing marginal utility
-
D.
Increasing total utility
Correct Answer: Option C
Explanation
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