Question 1 / 11:  The ' Principle of diminishing marginal utility' implies that an increased consumption of a commodity
A  produces negative total utility
B  lowers marginal utility and, therefore, total utility
C  lowers marginal utility, but may raise total utility
D  lowers total utility
<< First < Previous Flashcard Next > Last >>
Test Home Page
https://www.jobilize.com/net-jrf-mock-test-1-microeconomics-quiz-by-ies-portal

NET JRF Mock Test #1: Microeconomics

Author:

Access: Public Instant Grading

Ask
Dionne Mahaffey
Start Quiz
Copy and paste the following HTML code into your website or blog.
<iframe src="https://www.jobilize.com/embed/net-jrf-mock-test-1-microeconomics-quiz-by-ies-portal" width="600" height="600" frameborder="0" marginwidth="0" marginheight="0" scrolling="yes" style="border:1px solid #CCC; border-width:1px 1px 0; margin-bottom:5px" allowfullscreen webkitallowfullscreen mozallowfullscreen> </iframe>