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Banking System and Capital Market Questions and Answers for Competitive Exams

Question

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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