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According to the Law of Demand,the demand curve for a good will
Day
A day is a unit of time equivalent to 24 hours or the period it takes for the Earth to complete one full rotation on its axis.
Marginal Utility
The increased happiness or advantage received from using one more unit of a good or service.
Total Utility
The total satisfaction received from consuming a certain quantity of goods or services.
Marginal Utility
is the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.
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