Multiple Choice
According to the law of diminishing marginal utility, the fifth pair of gloves that Mary receives for Christmas makes her
A) as happy as she was while receiving the first pair
B) less happy than she was while receiving the first pair
C) more happy than she was while receiving the first pair
D) consider that fifth pair as having zero marginal utility
E) total utility decrease
Correct Answer:
Verified
Correct Answer:
Verified
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