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According to the law of diminishing marginal utility, _________?a)Additional consumption always yields extra utilityb)Additional consumption leads to lower average total utilityc)Additional consumption always yields negative utilityd)After a point any addition in the consumption causes a reduction in total utility.Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared
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According to the law of diminishing marginal utility, _________?a)Additional consumption always yields extra utilityb)Additional consumption leads to lower average total utilityc)Additional consumption always yields negative utilityd)After a point any addition in the consumption causes a reduction in total utility.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for According to the law of diminishing marginal utility, _________?a)Additional consumption always yields extra utilityb)Additional consumption leads to lower average total utilityc)Additional consumption always yields negative utilityd)After a point any addition in the consumption causes a reduction in total utility.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of According to the law of diminishing marginal utility, _________?a)Additional consumption always yields extra utilityb)Additional consumption leads to lower average total utilityc)Additional consumption always yields negative utilityd)After a point any addition in the consumption causes a reduction in total utility.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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