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In the Theory of Utility,it Is Assumed That Marginal Utility

Question 67

Multiple Choice

In the theory of utility,it is assumed that marginal utility:


A) increases as consumption of a product increases.
B) is always zero irrespective of any increase or decrease in consumption.
C) remains constant when consumption of a product increases.
D) diminishes as consumption of a product increases.
E) remains constant when consumption of a product decreases.

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