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23-06-2017
Business

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If the price of product X rises, then the resulting decline in the amount purchased will
A) necessarily increase the consumer's total utility from his total purchases.
B) reduce the marginal utility of the last unit consumed of this good.
C) increase the marginal utility of the last unit consumed of this good.
D) increase the total utility from purchases of this good

Respuesta :

23-06-2017

C) increase the marginal utility of the last unit consumed of this good.

The answer choice above is correct.

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