The law of diminishing marginal utility was popularized by:

Related MCQs

• When total utility is maximum, marginal utility is:
• The law of Diminishing returns is applicable to:
• In the case of diminishing returns to scale, a given proportionate increase in all factors causes
• The cause for diminishing returns to scale is:
• The solution to diminishing returns to scale is :
• Net addition to total utility when one more unit is consumed is:
• Those things that possess both utility and scarcity are called:
• labourers are employed the firm produces 136 units of output. Then the marginal product is ---
• Marginal efficiency of investment curve is:
• If marginal propensity to consume is 0.8, the value of multiplier will be: