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In most cases the marginal utility derived from a particular good

Economics
JAMB 1979
In most cases the marginal utility derived from a particular good
  • A. increases as additional units are consumed
  • B. increases at a decreasing rate as additional units are consumed
  • C. decreases at a constant rate as additional units are consumed
  • D. decreases as additional units are consumed
  • E. remains constant as additional units are consumed
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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