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The tendency for marginal utility to decline as consumption increases beyond some point is called Select one: a. the law of demand. b. utility maximization.
The tendency for marginal utility to decline as consumption increases beyond some point is called Select one: a. the law of demand. b. utility maximization. c. the law of diminishing marginal utility. d. the rational spending rule
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
