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What is the relationship between marginal utility and total utility? What happens to total utility as marginal utility declines?
Demographic Trends
Patterns and changes in the statistical characteristics of populations over time, including age, race, gender, income, and education level.
People of Color
A term used to describe individuals from racial and ethnic groups that are not considered white, highlighting diversity and multicultural backgrounds.
African-Americans
An ethnic group in the United States with ancestors from Africa, particularly those whose ancestors were enslaved and brought to the US.
Hispanics
A demographic group in the United States composed of individuals who come from, or whose ancestors came from, Spanish-speaking countries.
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