Multiple Choice
The principle of diminishing marginal utility states that:
A) you don't enjoy consuming more of a good.
B) you enjoy consuming more of a good if it is good.
C) as you consume more of a good, you enjoy the additional units less than you did the previous units.
D) as you consume more of a good, you enjoy the additional units more than you did the initial units.
Correct Answer:
Verified
Correct Answer:
Verified
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