Evaluate, with the aid of a diagram, whether the diminishing marginal utility theory of demand provides an adequate explanation of the market demand curve for all goods and services. [20]
9708/42/O/N/24
Evaluate whether marginal utility theory can fully explain the link between the changing price of a good and quantity demanded of that good. [20]
9708/42/O/N/21
a) Use marginal utility analysis to explain the derivation of the individual demand curve for a good. [12]
