Q997
Which of the following best expresses the law of diminishing marginal utility?
A.
The more a person consumes a product, the smaller becomes the utility, which he receives from its consumption
B.
The more a person consumes a, product, the smaller becomes the additional utility, which he receives as a result of consuming an additional unit of the product
AnswerC.
The less a person consumes a product, the smaller becomes the utility, which he receives from its consumption
D.
The less a person consumes a product, the smaller becomes the additional utility which he receives as a result of consuming an additional unit of the product
Answer: Option B
Solution
Answer: Option B
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