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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 5
The law of diminishing marginal utility exists for the first 4 units of a good if they have marginal utilities of
A) 1, 2, 4, 8.
B) 8, 4, 1, 2.
C) 4, 8, 2, 1.
D) 8, 4, 2, 1.
A) 1, 2, 4, 8.
B) 8, 4, 1, 2.
C) 4, 8, 2, 1.
D) 8, 4, 2, 1.
Explanation
Verified
Verified
Therefore since the marginal utility has...
Economics for Today 9th Edition by Irvin Tucker
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