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    Macroeconomics Study Set 43
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    Exam 4: B: Market Failures: Public Goods and Externalities
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    The MB Curves in the Diagram Slope Downward Because of the Law
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The MB Curves in the Diagram Slope Downward Because of the Law

Question 45

Question 45

Multiple Choice

The MB curves in the diagram slope downward because of the law of: The MB curves in the diagram slope downward because of the law of:   A) conservation of matter and energy. B) diminishing returns. C) diminishing marginal utility. D) increasing cost.


A) conservation of matter and energy.
B) diminishing returns.
C) diminishing marginal utility.
D) increasing cost.

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