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Costa Costa
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6 years ago
The law of diminishing marginal utility states that:
A) total utility is maximized when marginal utility is maximized
B) the utility that a consumer derives from successive units of an item will eventually diminish as total consumption of that item increases, other things being equal
C) as total utility declines, marginal utility must be zero
D) the utility that a consumer derives from successive units of an item will diminish as total consumption of that commodity decreases, other things being equal
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Microeconomics

Microeconomics


Edition: 2nd
Author:
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JavaewJavaew
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6 years ago
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Costa Author
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6 years ago
You make an excellent tutor!
ouasfoudgewu
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Yesterday
Smart ... Thanks!
Gorgio_De
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2 hours ago
Helped a lot
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