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The Marginal Utility Per Dollar Spent on a Good Represents

Question 76

Multiple Choice

The marginal utility per dollar spent on a good represents the


A) satisfaction received for each dollar spent on the last unit consumed
B) total satisfaction received from consuming a certain number of units of that good
C) dollar value of average utility
D) change in price due to a one-unit increase in total utility
E) price paid for the last unit of utility

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