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For Your Typical Consumption Levels of Water and Diamonds,the Good

Question 87

Multiple Choice

For your typical consumption levels of water and diamonds,the good with the higher marginal utility is ________; the good with the higher total utility is ________; and the good with the greatest consumer surplus is ________.


A) water; diamonds; water
B) water; water; water
C) water; water; diamonds
D) diamonds; water; water
E) diamonds; water; diamonds

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