Question 1 of 4utility
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By saying a good has utility, it means
Marginal utility is the
If a consumer gains 30 units of satisfaction from consuming 6 units of a commodity and 33 units from consuming 7 units. The consumer's marginal utility from the 7th unit is
The principle stating that as a consumer consumes successive additional units of a good, the extra utility gained from each additional unit falls is called the law of ___.
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