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Question 9

The demand curve for a commodity is downward sloping because the consumer will pay

  • A.less as the marginal utility falls
  • B.more as the marginal utility falls
  • C.less as the total utility falls
  • D.more as the average utility falls
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2012
Question no.
#9
Type
Objective
Previous · Q8A demand schedule shows the quantities of goods that are Next · Q10 A decrease in the demand for a product X resulted in a decrease in a decrease in…

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