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    Economics For Today Study Set 3
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    Exam 6: Consumer Choice Theory
  5. Question
    Consuming One More of a Good Increases Its Marginal-Utility-To-Price Ratio
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Consuming One More of a Good Increases Its Marginal-Utility-To-Price Ratio

Question 4

Question 4

True/False

Consuming one more of a good increases its marginal-utility-to-price ratio, and consuming one less of the other good lowers its marginal-utility-to-price ratio.

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