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Which of the Following Statements Is TRUE

Question 17

Multiple Choice

Which of the following statements is TRUE?


A) As the price of a good declines, your marginal utility from consuming it increases.
B) Marginal utility increases as you increase consumption of a good.
C) Saving money always provides more utility than spending it.
D) The marginal utility you expect to derive from a good determines whether you will be willing to buy it at a given price.

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