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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
  5. Question
    The Utility from a Specific Product Is
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The Utility from a Specific Product Is

Question 337

Question 337

Multiple Choice

The utility from a specific product is


A) determined by a consumer's income.
B) determined by the price of the product.
C) a measure of one's preference or taste for it.
D) constant as one consumes more units of it.

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