In the analysis of utility theory, the basis of demand is
ECONOMICS
WAEC 2006
In the analysis of utility theory, the basis of demand is
- A. marginal utility
- B. average utility
- C. fixed utility
- D. diminishing utility
Correct Answer: A. marginal utility
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *