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    Economics Principles and Policy Study Set 2
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    Exam 5: Consumer Choice: Individual and Market Demand
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    If We Graph Marginal Utility, the Curve Has a Negative
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If We Graph Marginal Utility, the Curve Has a Negative

Question 197

Question 197

Multiple Choice

If we graph marginal utility, the curve has a negative slope.This is because of the


A) optimal purchase rule.
B) law of increasing costs.
C) law of diminishing marginal utility.
D) marginal rate of substitution.

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