The principle of diminishing marginal utility: Group of answer choices assumes all goods are normal. indicates that, if a good is inferior, less of it will be purchased when income falls. refers to the tendency of total utility to increase until an individual's budget is no longer constrained. refers to the tendency of marginal utility to decline as the amount of consumption of a good or service increases.

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?