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The Law of Diminishing Marginal Utility May Be Illustrated by a Person

Question 97

Multiple Choice

The law of diminishing marginal utility may be illustrated by a person


A) buying additional goods after getting a pay raise
B) eating more twinkies but enjoying them less
C) giving some of income to a needy person
D) who spends more hours studying than do his fellow students
E) buying goods so long as their marginal utility is greater than zero

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