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The Law of Diminishing Marginal Utility

Question 82

Multiple Choice

The law of diminishing marginal utility


A) allows us to make interpersonal utility comparisons.
B) tells us that an additional dollar is worth less to a millionaire than to a poor person.
C) tells us the worth of an additional dollar of income.
D) tells us that an additional dollar of income is worth less than the preceding dollar of income.

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