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CONSUMER BEHAVIOR AND UTILITY MAXIMIZATION Pertemuan 17 Matakuliah : J0114-Teori Ekonomi Tahun : 2009 Law of Diminishing Marginal Utility Terminology Utility is the benefit…

Documents Chapter 5

Consumer Choice & Utility Maximization By Laura Lamb, TRU with some insertions from Bruno Fullone, George Brown College * Although consumer wants in general are insatiable,…