Multiple Choice
Suppose that the price of a plate of sushi is $10 and that Jan's marginal utility is 8 while Jin's marginal utility is 12.What can be deduced from this information?
A) That Jin should buy the sushi,but Jan should not.
B) That Jin likes sushi better than does Jan.
C) That Jan's MU per $ spent on sushi is greater than Jin's.
D) No deductions can be made from this information.
Correct Answer:
Verified
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