Multiple Choice
An individual's demand curve slopes down because
A) marginal utility falls as price falls.
B) the value of the marginal utility falls as the price falls.
C) of the rule that the marginal utility of the last unit must equal the price.
D) of the law of diminishing marginal utility and the rule of equal marginal utilities per dollar.
Correct Answer:
Verified
Correct Answer:
Verified
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