Question on: SS2 Economics - The Law of Diminishing Marginal Utility
What is the relationship between the level of satisfaction and the number of units consumed according to the law of diminishing marginal utility?
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A
The level of satisfaction increases as the number of units consumed increases.
B
The level of satisfaction remains the same regardless of the number of units consumed.
C
The level of satisfaction decreases as the number of units consumed increases.
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Correct Option: C
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