Economic theory asserts that
A) when marginal utility is positive, total utility is negative.
B) when total utility is positive, marginal utility is negative.
C) a lower price of a good allows consumers to purchase a quantity at which the marginal utility of the last unit purchased will be lower.
D) a lower price of a good allows consumers to purchase a quantity at which the marginal utility of the last unit purchased will be higher.
Correct Answer:
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