The law of diminishing marginal utility indicates that if...
The law of diminishing marginal utility indicates that if a consumer increases his consumption of a commodity continuously, his
Total utility must fall
Marginal utility must fall
Marginal utility may rise even though his total utility is falling
Marginal utility may fall even though his total utility may be rising
Correct answer is B
No explanation has been provided for this answer.
Favourable terms of trade is important to a country because it facilitates ...
The working population refers to ...
Commercial banks are different from development banks in that the latter ...
Given that Q d = 20 - 4P and Q = 6P + 12 Determine the equilibrium quantity ...
External finance for a limited liability company is mainly sourced through ...
A downward sloping demand curve means that? ...
The remuneration of the entrepreneur as a factor of production is called ...
When a firm is reaping economies of large-scale production, it experiences a fall in its ...
Deficit financing is mostly facilitated by the existence of ...