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Business, 18.06.2021 23:30 ineedhelp2285

The principle of diminishing marginal utility: Group of answer choices assumes all goods are normal. indicates that, if a good is inferior, less of it will be purchased when income falls. refers to the tendency of total utility to increase until an individual's budget is no longer constrained. refers to the tendency of marginal utility to decline as the amount of consumption of a good or service increases.

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