=+1. For each of the following situations, decide whether Al has diminishing marginal utility. Explain. a. The

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=+1. For each of the following situations, decide whether Al has diminishing marginal utility. Explain.

a. The more economics classes Al takes, the more he enjoys the subject. And the more classes he takes, the easier each one gets, making him enjoy each additional class even more than the one before.

b. Allikes loud music, In fact, according to him, “the louder, the

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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