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Suppose One Big Mac Gives You a Marginal Utility of 500

Question 36

Multiple Choice

Suppose one Big Mac gives you a marginal utility of 500 and a second Big Mac gives you a marginal utility of 200. The total utility of buying (and eating) two Big Macs is:


A) 200.
B) 300.
C) 500.
D) 700.

Correct Answer:

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