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  3. Study Set
    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
  5. Question
    If Consumers Are Convinced by Ads That Brand X Has
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If Consumers Are Convinced by Ads That Brand X Has

Question 82

Question 82

True/False

If consumers are convinced by ads that Brand X has a lot more value than they originally thought, then the MU/P of X will decrease.

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