According to the law of diminishing marginal utility as the-08807
According to the law of diminishing marginal utility, as the consumption of particular good increases:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.5.
According to the law of diminishing marginal utility, as the consumption of particular good increases:
Total utility increases.
Marginal utility increases.
Total utility decreases.
Marginal utility decreases.