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History, 06.07.2019 16:30 abenjamin489

What does the law of diminishing marginal utility state? a. as a consumer decreases consumption of a good, the total utility received from that good increases. b. as a consumer increases consumption of a good, the total utility received from that good decreases. c. as a consumer increases consumption of a good, the marginal utility received from that good decreases. d. as a consumer decreases consumption of a good, the marginal utility received form that good decreases.

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