• Card 2 / 15: The ' Principle of diminishing marginal utility' implies that an increased consumption of a commodity
    A) produces negative total utility
    B) lowers marginal utility and, therefore, total utility
    C) lowers marginal utility, but may raise total utility
    D) lowers total utility

    Answer:
    C) lowers marginal utility, but may raise total utility

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NET JRF Mock Test #1: Microeconomics

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