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The Law of Diminishing Marginal Utility Implies That the Marginal

Question 127

Multiple Choice

The law of diminishing marginal utility implies that the marginal utility for a particular product


A) remains constant, regardless of how much of the product is consumed.
B) remains constant as long as the product is still considered useful.
C) decreases as more of the product is consumed.
D) increases as more of the product is consumed.

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