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-Andrew's Utility of Wealth Schedule Is Given in the Above

Question 93

Multiple Choice

-Andrew's utility of wealth schedule is given in the above table. The table indicates that his marginal utility of wealth ________ as his wealth increases. A) diminishes B) is constant C) increases D) increases first and then diminishes
-Andrew's utility of wealth schedule is given in the above table. The table indicates that his marginal utility of wealth ________ as his wealth increases.


A) diminishes
B) is constant
C) increases
D) increases first and then diminishes

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