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    Exam 8: Utility and Demand
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    If Marginal Utility Is Positive but Diminishing, as More Units
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If Marginal Utility Is Positive but Diminishing, as More Units

Question 49

Question 49

Multiple Choice

If marginal utility is positive but diminishing, as more units of a good are consumed, then the total utility from the good must be


A) falling.
B) positive and rising at an increasing rate.
C) positive and rising at a decreasing rate.
D) positive and rising at any rate.

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