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QUESTION
To say that goods have diminishing marginal utility is to say that: Select one: total satisfaction decreases as you consume additional units of a...
To say that goods have diminishing marginal utility is to say that:
Select one:
a. total satisfaction decreases as you consume additional units of a good.
b. over time, the impact of the additional satisfaction that you got from consuming a good gets smaller.
c. you get less and less additional satisfaction from each additional unit of a good.
d. the additional satisfaction that you get from each additional unit of a good increases over time.
