The table shows the marginal-utility schedules for goods A and B for a hypothetical consumer. The price of good A is $1, and the price of good B is $2. The income of the consumer is $8. If the consumer spends the given budget and gets maximum utility out of it, then she is receiving how much satisfaction from each dollar spent on the final unit of good B consumed?
A) 14 utils per dollar
B) 7 utils per dollar
C) 9 utils per dollar
D) 2 utils per dollar
Correct Answer:
Verified
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