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Author Question: The figure above exhibits the concept of ________ because as more pairs of jeans are consumed, ________. (Read 46 times)

audragclark

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on: May 24, 2019



The figure above exhibits the concept of ________ because as more pairs of jeans are consumed, ________.
◦ diminishing marginal utility; each extra pair of jeans is consumed brings less utility
◦ diminishing marginal utility; total utility declines as more jeans are bought
◦ diminishing total utility; total utility declines as more jeans are bought
◦ increasing marginal utility; total utility declines as more jeans are bought
◦ increasing marginal utility; marginal utility increases as more jeans are bought
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by audragclark on May 24, 2019

xMRAZ

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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audragclark

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

sarah_brady415

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Reply 3 on: Yesterday
Excellent

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