The Law of Diminishing Marginal Utility was developed by ____________

Related MCQs

• The ‘Law of Variable Proportion’ was first developed by
• Law of Variable Proportions was developed by _____________
• Production creates __________ utility.
• Production creates _________ utility.
• Marginal cost is defined as
• Let a firm employs 10 labourers to produce 150 units of output. If 11 labourers are employed to produce 166 units of output, then the marginal product is
• Gresham’s Law is true where
• According to the ‘Law of Demand, demand varies ________ with price.
• _________ is the first Law of Consumption.
• The Law of Variable Proportions relates to _________ only.