The upward slope of

The upward slope of supply and downward slope of demand indicate: Select ALL that apply. Diminishing returns. more is consumed, the marginal benefit

The upward slope of supply and downward slope of demand indicate:Select ALL that apply. Diminishing returns.more is consumed, the marginal benefit of consumption decreases.As more is produced, the marginal cost of production decreases.As more is consumed, the total benefit of consumption decreases.As more is consumed, the marginal benefit of consumption increases.As more is produced, the marginal cost of production increases.

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