As long as the principle of diminishing marginal utility is operating, any increased consumption of a good
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Question:
As long as the principle of diminishing marginal utility is operating, any increased consumption of a good
Select one:
a.
lowers marginal utility and, therefore, total utility.
b.
lowers marginal utility, but may raise total utility.
c.
lowers total utility.
d.
produces negative total utility
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