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If a good's price is lowered. it may have the effect of providing a higher utility per dollar for many consumers than another good. increasing

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If a good's price is lowered. it may have the effect of providing a higher utility per dollar for many consumers than another good. increasing lhe quanlity demanded. Economists call this 0 diminishing marginal Utility 0 the income effect 0 diminishing marginal retums O rational choice theory

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