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Hoochie [10]
3 years ago
13

Summarize the law of diminishing marginal utility and give an example

Business
1 answer:
svlad2 [7]3 years ago
7 0

Hi there,

The law of diminishing marginal utility states that the marginal utility of a good or  service declines as its available supply increase.

Hope this helped :)

Have a great day  

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Answer:

the domestic price of sugar will increase to $125.

Explanation:

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The answer is correct but The options that are given are incorrect.

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3 years ago
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