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npdtan92 npdtan92
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A year ago
Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy on receiving it. As the day progresses, many other people also buy her chocolate. As she gets more and more chocolates, her excitement on receiving each bar is seen to gradually lessen. Which economic principle is reflected in this example?

▸ The Law of Equi-Marginal Utility

▸ The Law of Increasing Willingness to Pay

▸ Aggregation of demand behavior

▸ The concept of diminishing marginal benefit
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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apinaapina
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A year ago
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npdtan92 Author
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A year ago
This calls for a celebration Person Raising Both Hands in Celebration
annielin111
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Yesterday
Thanks
Smair87
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2 hours ago
Good timing, thanks!
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