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Author Question: Total utility: a. generally diminishes as consumption of a good increases. b. always increases as ... (Read 37 times)

Alainaaa8

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Total utility:
 a. generally diminishes as consumption of a good increases.
  b. always increases as consumption increases.
 c. increases only as long as marginal utility increases.
 d. increases as long as marginal utility is positive.

Question 2

The Social Security tax structure in the United States is regressive in nature.
 a. True
  b. False
  Indicate whether the statement is true or false



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jgranad15

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Answer to Question 1

d

Answer to Question 2

False





 

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