\(\begin{array}{c|c}
\text{Units of Quantity consu...
\(\begin{array}{c|c}
\text{Units of Quantity consumed} & \text{Total utility} & \text{Marginal utility} \\
0 & --- & --- \\
1 & 10 & 10 \\
2 & 15 & 5 \\
3 & 17 & 2 \\
4 & 18 & 1 \\
5 & 18 & 0 \\
\end{array}\)
The table above illustrates the law of?
Diminishing marginal utility
Diminishing marginal productivity
Diminishing returns
Increasing returns
Increasing total utility
Correct answer is A
No explanation has been provided for this answer.
Long-term loans can be secured from ...
The effect of an increase in the personal income tax is to ...
The Economic Commission for Africa is an agency of the ...
The definition of economics as 'the science which studies human behaviuor as a relationship betw...
The law of variable proportions is also known as ...
The supply curve of a locally-produced good may shift to the right if ...
Isocost and isoquant can be attributed to ...
The term 'double coincidence ' of wants is usually associated with a ...