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If Diminishing Marginal Utility Holds,and a Person Consumes Less of a Good,then

Question 52

Multiple Choice

If diminishing marginal utility holds,and a person consumes less of a good,then all else being equal


A) the price of the good will rise
B) total utility will rise
C) marginal utility will rise
D) expenditure on the good will increase
E) marginal utility will decline

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