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Ice cream is perfect for a hot sunny day; however, one will realize that as you increase the amount of ice cream scoops you consume,

Ice cream is perfect for a hot sunny day; however, one will realize that as you increase the amount of ice cream scoops you consume, each additional scoop of ice cream provides less additional satisfaction. The 4th scoop is less satisfying than the 1st scoop of ice cream. This phenomenon is explained by the: Group of answer choices Law of Demand Law of Elasticity Law of Diminishing Marginal Utility Law of Diminishing Total Utility

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