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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 |
E. | None of the above |
Answer» D. Rationality of the consumer |
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