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  3. Study Set
    Microeconomics Study Set 49
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    Exam 3: Consumer Preferences and the Concept of Utility
  5. Question
    Marginal Utility Is
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Marginal Utility Is

Question 51

Question 51

Multiple Choice

Marginal utility is:


A) the slope of the total utility function.
B) the slope of a ray from the origin to the total utility function.
C) always less than average utility.
D) always greater than average utility.

Correct Answer:

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