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The Law of Diminishing Marginal Utility Exists for the First

Question 59

Multiple Choice

The law of diminishing marginal utility exists for the first four units of a good if they have marginal utilities of:

A) 1, 2, 4, 8.
B) 8, 4, 1, 2.
C) 4, 8, 2, 1.
D) 8, 4, 2, 1.

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