Question

______ states that as more and more units of a commodity are consumed, the marginal utility derived from the additional units must decline.

विकल्प

• Law of Diminishing Marginal Utility

• Law of Supply

• Law of Variable Proportions

• Law of Equi-marginal utility.

Answer 1

The Law of Diminishing Marginal Utility states that as more and more units of a commodity are consumed, the marginal utility derived from the additional units must decline.