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What does 'marginal utility' refer to?
In economics, what is the primary concept behind marginal utility?
How does marginal utility change as more units of a good or service are consumed?
What impact does the concept of marginal utility have on pricing strategies?
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What is the primary focus of consumer behaviour?
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How does marginal utility impact consumer decision-making?
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How does marginal utility change as more units of a good or service are consumed?
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What do economists primarily consider when analyzing consumer decisions?
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