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    Exam 8: Utility and Demand
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    Bananas Apples -According to the Principle of Diminishing Marginal Utility, as an Marginal
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Bananas Apples -According to the Principle of Diminishing Marginal Utility, as an Marginal

Question 42

Question 42

True/False

Bananas Apples
Bananas Apples    -According to the principle of diminishing marginal utility, as an individual consumes more and more of a good or service, the total utility increases while the marginal utility decreases.
-According to the principle of diminishing marginal utility, as an individual consumes more and more of a good or service, the total utility increases while the marginal utility decreases.

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