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Utility & Consumer's Equilibrium · Question 28 of 73

Question 28

EasyOriginal question

Which curve slopes downward because of the law of diminishing marginal utility?

Options for question 28

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Diminishing MU means each unit's MU is below the one before: a falling MU curve.

  2. The TU curve still rises until saturation.

Concept
Shape of the MU curve
Typical time
40 s
Your time
—
The rule this testsDiminishing marginal utility
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Ten questions from Utility & Consumer's Equilibrium, at your own pace.

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