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nancy2457 nancy2457
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A year ago


Short description: A graph plots unit of a good against the total utility. Long description: The horizontal axis representing the unit of a good ranges from 0 to 6, in increments of 1. The vertical axis representing total utility ranges from 0 to 110, in increments of 10. The graph shows a curve that passes through the following points: (0, 0), (1, 60), (2, 80), (3, 92), (4, 98), and (5, 100). Note: all values are approximate.

FIGURE 6-1

Refer to Figure 6-1. The total utility curve in this figure illustrates the law of



▸ increasing partial utility.

▸ maximizing utility.

▸ increasing marginal utility.

▸ diminishing marginal utility.

▸ diminishing total utility.
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Microeconomics

Microeconomics


Edition: 17th
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Marth6377Marth6377
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nancy2457 Author
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A year ago
Smart ... Thanks!
TAT1238
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Yesterday
this is exactly what I needed
missnoname
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2 hours ago
Thank you, thank you, thank you!
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