The theory of diminishing marginal utility states that as more units of a commodity are consumed, the?

By: |Published on: May 24|Categories: Economics WAEC| 0 comments

A. satisfaction from an extra unit decreases
B. satisfaction from an extra unit rises
C. satisfaction from extra units remains constant
D. total satisfaction from the goods remains the same

Correct Answer: Option A

A. satisfaction from an extra unit decreases

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