Banking System and Capital Market Questions and Answers for Competitive Exams

Q.

The Marginal Utility Curve slopes downward from left to right indicating

[A] A direct relationship between marginal utility and the stock of commodity
[B] A constant relationship between marginal utility and the stock of commodity
[C] A proportionate relationship between marginal utility and the stock of commodity
[D] An inverse relationship between marginal utility and the stock of commodity

Answer & Explanation

Answer: Option [D]

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