As a consumer increases his consumption of a commodity, the total utility he derives from its consumption increases, but at a diminishing rate. This is
A. | An economic law |
B. | A statement of fact |
C. | A hypothesis |
D. | None of the above |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |