Question: What is cause of downward slopping demand curve?
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a.Diminishing marginal utility
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b.Diminishing marginal productivity
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c.Increasing marginal cost
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d.Future apprehension of price inflation
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e.None of the above
Answer: a
 Diminishing marginal utility b) Diminishing marginal productivity c) Increasing marginal cost d) Future apprehension of price inflation e) None of the above Ans. a) Diminishing marginal utility
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