Which is an example of the law of diminishing marginal utility? Select one: a. you drive fewer

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Which is an example of the law of diminishing marginal utility?

Select one:

a. you drive fewer miles when gas prices rise

b. you prefer to download music rather than purchase music CDs

c. you get greater satisfaction from eating the first taco rather than the third taco

d, you get greater satisfaction from earning $60,000 rather than from earning $55,000

Related Book For answer-question

Macroeconomics Principles, Applications, and Tools

ISBN: 978-0132555234

7th Edition

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

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Posted Date: Jun 25, 2022 12:38 AM

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Which is an example of the law of diminishing marginal utility? Select one: a. you drive fewer

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Right Answer C Diminishing marginal utility refers to ... View the full answer

Macroeconomics Principles, Applications, and Tools

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