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Your friend notices that U.S. auto production and U.S. population growth have moved together over several decades. He reasons that one way to slow population growth is for the government to order the auto makers to cut back on production. You gently point out to him that he:
Music Downloads
The process of transferring music files from the internet to a computer or mobile device for offline listening.
Online Movie Streaming
The practice of delivering movies over the Internet for viewing on various devices without the need for downloading.
Diminishing Marginal Utility
The principle that as a person increases consumption of a product, while keeping consumption of other products constant, there is a decline in the marginal utility that person derives from consuming each additional unit of that product.
Baseball Card Packs
Packaged collections of trading cards primarily featuring baseball players, often sold as collectibles or hobby items.
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