(Table: Marginal Utility per Dollar of M&Ms) Andy's total utility from eating snack-size bags of M&Ms is given in the table.The price of M&Ms is $2 per bag.If the price of M&Ms increases to $3 per bag, Andy's marginal utility per dollar for each bag of M&Ms will
A.increase.
B.decrease.
C.remain constant.
D.fluctuate randomly.

Question

(Table: Marginal Utility per Dollar of M&Ms) Andy's total utility from eating snack-size bags of M&Ms is given in the table.The price of M&Ms is $2 per bag.If the price of M&Ms increases to $3 per bag, Andy's marginal utility per dollar for each bag of M&Ms will 
A.increase.
B.decrease.
C.remain constant.
D.fluctuate randomly.

Quizplus · Accepted Answer

The Answer of   (Table: Marginal Utility per Dollar of M&Ms) Andy's total utility from eating snack-size bags of M&Ms is given in the table.The price of M&Ms is $2 per bag.If the price of M&Ms increases to $3 per bag, Andy's marginal utility per dollar for each bag of M&Ms will 
A.increase.
B.decrease.
C.remain constant.
D.fluctuate randomly.

(Table: Marginal Utility Per Dollar of M&Ms) Andy's Total Utility