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    Exam 8: Utility and Demand
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    According to the Principle of Diminishing Marginal Utility, as the Quantity
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According to the Principle of Diminishing Marginal Utility, as the Quantity

Question 88

Question 88

Multiple Choice

According to the principle of diminishing marginal utility, as the quantity of a good or service consumed increases, total utility


A) increases.
B) decreases.
C) is unchanging.
D) is zero.

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