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The Below Figure Shows the Various Combinations of the Goods

Question 14

True/False

The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3
The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3    -The law of diminishing marginal utility does not hold good when the good is free or priced at zero dollars.
-The law of diminishing marginal utility does not hold good when the good is free or priced at zero dollars.

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