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7 May, 07:29

The law of diminishing marginal utility explains why a. most individual demand curves are straight lines. b. the consumer's optimal purchase is at the tangency of an indifference curve and the budget line. c. most individual demand curves slope downward. d. marginal utility falls when total utility falls.

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  1. 7 May, 10:53
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    Answer: the corect answer is B. The consumer's optimal purchase is at the tangency of an indifference curve and the budget line.
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Home » Law » The law of diminishing marginal utility explains why a. most individual demand curves are straight lines. b. the consumer's optimal purchase is at the tangency of an indifference curve and the budget line. c.
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