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A. Explain what the law of diminishing marginal returns is. B. Does the above example of pizza consumption display the law of diminishing marginal returns?

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A. Explain what the law of diminishing marginal returns is. B. Does the above example of pizza consumption display the law of diminishing marginal returns? Explain your response If. You expect to receive a payment of $6500 one year from now. Answer the following questions and show your calculations A. The discount rate is 5%. What is the present value of the payment to be received \".9 3. Suppose that the discount rate rises to 7%. What is the present value of the payment to be received ? C. what will cause the present value of a future payment to decline 7

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