Edzy
AI TutorResourcesToolsCompareBuy
SearchDownload AppLogin
Edzy

Edzy for Classes 6-12

Edzy is a personal AI tutor for CBSE and State Board students, with curriculum-aligned guidance, practice, revision, and study plans that adapt to each learner.

  • Email: always@edzy.ai
  • Phone: +91 96256 68472
  • WhatsApp: +91 96256 68472
  • Address: Sector 63, Gurgaon, Haryana

Follow Edzy

Browse by Class

  • CBSE Class 6
  • CBSE Class 7
  • CBSE Class 8
  • CBSE Class 9
  • CBSE Class 10
  • CBSE Class 11
  • CBSE Class 12
Explore the CBSE resource hub

Explore Edzy

  • Study Resources
  • Free Study Tools
  • Best Apps for Board Exams
  • Edzy vs ChatGPT
  • About Us
  • Why We Built Edzy
  • Blog
  • CBSE AI Tutor

Support & Legal

  • Help & FAQs
  • Accessibility
  • Privacy Policy
  • Terms & Conditions
  • Refund Policy
  • Cookie Policy
  • Site Directory

© 2026 Edzy. All rights reserved.

Curriculum-aligned learning paths for students in Classes 6-12.

TO
Question Practice

What does the law of diminishing marginal utility state?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Theory Of Consumer Behaviour
Question Bank

What does the law of diminishi...

Single Answer MCQ
Q-00089305

What does the law of diminishing marginal utility state?

1

Utility increases as more of a good is consumed.

2

Marginal utility decreases as more of a good is consumed.

3

Marginal utility does not change with consumption.

4

Total utility decreases with increased consumption.

Previous QuestionNext Question

Video Explanation

Answer

Solution:

Watch Video Solution

Login to get access

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

If a consumer prefers more of a good as long as its marginal utility is positive, what will they do?

Single Answer MCQ
View explanation
Q2.

Which of the following best describes an indifference curve?

Single Answer MCQ
View explanation
Q3.

What shapes the typically convex shape of an indifference curve?

Single Answer MCQ
View explanation
Q4.

If two indifference curves intersect, what can be inferred?

Single Answer MCQ
View explanation