Demand curves generally slope downward due to which of the following? a. Lower prices for complements in
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Demand curves generally slope downward due to which of the following?
a. Lower prices for complements in consumption
b. Increases in personal income
c. Diminishing marginal utility
d. Diminishing marginal cost
e. Expectations of lower future prices
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The correct answer is c Diminishing marginal utility Demand curves generally slope downward because ...View the full answer
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