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    Macroeconomics Study Set 20
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    Exam 3: Supply and Demand: Theory
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    One Reason That Helps to Explain the Law of Demand
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One Reason That Helps to Explain the Law of Demand

Question 6

Question 6

Multiple Choice

One reason that helps to explain the law of demand is the law of


A) diminishing marginal utility.
B) diminishing marginal returns.
C) increasing opportunity costs.
D) supply.

Correct Answer:

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