The law of diminishing marginal utility state that, the more a commodity is consumed the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Higher the satisfaction derived from an additional unit
- B Higher the price to be paid
- C Lower the quantity supplied
- D Lower the rate of increase in the total utility derived
Correct Answer: Option D
Explanation:
Share question on: