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Refer to the Accompanying Figure

Question 21

Multiple Choice

Refer to the accompanying figure.This consumer experiences diminishing marginal utility: Refer to the accompanying figure.This consumer experiences diminishing marginal utility:   A) across all levels of consumption. B) until he consumes his fifth cupcake. C) until he consumes his seventh cupcake. D) from his seventh cupcake on. E) for his fifth and sixth cupcake only.


A) across all levels of consumption.
B) until he consumes his fifth cupcake.
C) until he consumes his seventh cupcake.
D) from his seventh cupcake on.
E) for his fifth and sixth cupcake only.

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