M

Mr. Dubey • 65.25K 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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