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The concept of diminishing marginal utility means that an additional dollar of income will yield q , marginal benefit compared to the previous dollar of
The concept of diminishing marginal utility means that an additional dollar of income will yield marginal benefit compared to the previous dollar of extra income.
less
more
the same
an unpredictable amount of
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
