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studymite studymite
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3 years ago
The principle of diminishing marginal utility implies that as a household consumes more of a product, its total utility will increase by smaller and smaller amounts - assuming marginal utility remains positive.

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Essential Economics for Business

Essential Economics for Business


Edition: 5th
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Nikki_LYNNNikki_LYNN
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studymite Author
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3 years ago
Thanks for your help!!
bioc
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Yesterday
Good timing, thanks!
KaylenePig
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2 hours ago
this is exactly what I needed
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