Use the law of diminishing marginal utility to explain why demand curves slope downward.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:05 AM

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Use the law of diminishing marginal utility to explain why demand curves slope downward.

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As people consume more of a good eventually they get less utility ...View the full answer

Economics

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