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    Suppose That the Total Utility of Consuming the First Piece
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Suppose That the Total Utility of Consuming the First Piece

Question 16

Question 16

Multiple Choice

Suppose that the total utility of consuming the first piece of chewing gum in a packet is 30. This means that marginal utility of consuming the first piece of gum is:


A) zero.
B) less than 30.
C) 30.
D) more than 30.

Correct Answer:

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