One of the assumptions of consumer theory is nonsatiation, in that more is always preferred to less.
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One of the assumptions of consumer theory is nonsatiation, in that more is always preferred to less. This implies that the marginal utility of consuming one more unit of a good can never be less than zero. In other words, consumption of an additional product will always lead to a greater amount of total satisfaction. Would you think this holds true in reality? Why or why not?
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