The demand curve for a commodity is downward sloping because the consumer will pay
ECONOMICS
WAEC 2012
The demand curve for a commodity is downward sloping because the consumer will pay
- A. less as the marginal utility falls
- B. more as the marginal utility falls
- C. less as the total utility falls
- D. more as the average utility falls
Correct Answer: C. less as the total utility falls
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