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Related to the Economics in Practice on Page 316: from a Consumer

Question 201

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Related to the Economics in Practice on page 316: From a consumer welfare standpoint, as the variety of available choices of a particular type of product increases, consumer welfare


A) increases at a proportional rate.
B) decreases at a proportional rate.
C) increases to a point, but eventually may lose value with too much variety.
D) tends to remain very constant.

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