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Mr. Dubey • 100.64K Points
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Q. Of the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?

  • (A) Small income of the consumer
  • (B) The fact that goods and services have a price
  • (C) The fact that as more goods and services are purchased by the consumer, these goods and services yield decreasing amounts of marginal utility
  • (D) Rationality of the consumer
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