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Vijay Sangwan • 27.46K Points
Instructor II 

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.

Correct Answer - Option(C)

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