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If Marginal Utility Is Diminishing, the Marginal Utility Curve Is

Question 33

Multiple Choice

If marginal utility is diminishing, the marginal utility curve is _____, since each additional unit of the good consumed yields _____ satisfaction.


A) downward-sloping; less
B) upward-sloping; more
C) downward-sloping; more
D) upward-sloping; less

Correct Answer:

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