Business
Business, 26.07.2019 03:30, kindaconfuseing

The law of diminishing marginal utility states that: select one: a. total utility is maximized when consumers obtain the same amount of utility per unit of each product consumed. b. beyond some point additional units of a product will yield less and less extra satisfaction to a consumer. c. price must be lowered to induce firms to supply more of a product. d. it will take larger and larger amounts of resources beyond some point to produce successive units of a product.

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