Business

27 May, 10:31

Olga buys a bag of potato chips every day after her economics class. The first potato chip always tastes wonderful. The second does not taste quite as good as the first. The third does not taste quite as good as the second. Olga is experiencing:

A) the substitution effect.

B) the law of diminishing marginal utility.

C) irrational behavior.

D) the income effect.

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