Q.

Which best expresses the law of diminishing marginal utility?

A. the more consumption of a product, the smaller is the total and marginal utilityfrom the consumption.
B. the less consumption of a product, the greater is the total and marginal utilityof the consumption.
C. the more consumption of a product, the smaller is the marginal utility fromconsuming an additional unit.
D. the more consumption of a product, the smaller is the total and marginal utilityfrom the consumption.
Answer» C. the more consumption of a product, the smaller is the marginal utility fromconsuming an additional unit.
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