The law of diminishing marginal utility states that as additional units are consumed, satisfaction per unit will decline

a. True
b. False
Indicate whether the statement is true or false

False

Economics

You might also like to view...

Zero correlation between two variables implies that:

A) change in one variable causes the other to change. B) both variables move in the same direction. C) the variables are not related to each other. D) both variables move in the opposite direction.

Economics

Which of the following components of the current account are included in GDP?

A) net exports B) net foreign investment income C) net transfer payments sent to foreigners D) all of the above

Economics