The height of the demand curve is the amount of marginal benefit.
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Q86: Exhibit 5-6 Q87: For a consumer to maximize utility, Q88: The diamond-water paradox is based on the Q89: A market demand curve Q90: The reason individual demand slopes downward is Q92: The marginal benefit of a good increases Q93: The diamond-water paradox Q94: An individual's demand curve is not continuous Q95: Water is cheaper than diamonds because Q96: The market demand curve is derived by
A)marginal utility
A)is based on consumer
A)is the fact that people
A)water is
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