Individual places on an extra unit of the good decreases

Reference no: EM131046614

The individual demand curve slopes downward because
a. the value an individual places on an extra unit of the good decreases.
b. the amount an individual is willing to pay for the additional unit increases.
c. the total value consumers derive from consuming a product increases when they consume more units.
d. All of the above.

Reference no: EM131046614

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