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.
The following are advantages of large scale agriculture except ...
When the general price level persistently falls, the rate of unemployment ...
Cost-push inflation is caused by? ...
Economic development is define as ...
A country whose population size is too small relative to its resource is ...
Commercial bank reserves at the Central Bank have the effect of ...
A shift of the demand curve to the right when the supply curve remains constant , implies that ...