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Table 21-1 the Relationship Between the Marginal Utility That George Gets from Gets

Question 100

Multiple Choice
Table 21-1
The relationship between the marginal utility that George gets from eating a bag of cookies and the number of bags he eats per month is as follows:


-Refer to Table 21-1.George receives three units of utility from the last dollar spent on each of the other goods he consumes.If cookies cost $4 per bag,how many bags of cookies will he consume per month if he maximizes utility
A)2 
B)3 
C)4

Table 21-1
The relationship between the marginal utility that George gets from eating a bag of cookies and the number of bags he eats per month is as follows:
Table 21-1 The relationship between the marginal utility that George gets from eating a bag of cookies and the number of bags he eats per month is as follows:    -Refer to Table 21-1.George receives three units of utility from the last dollar spent on each of the other goods he consumes.If cookies cost $4 per bag,how many bags of cookies will he consume per month if he maximizes utility A) 2 B) 3 C) 4 D) 5

-Refer to Table 21-1.George receives three units of utility from the last dollar spent on each of the other goods he consumes.If cookies cost $4 per bag,how many bags of cookies will he consume per month if he maximizes utility


A) 2
B) 3
C) 4
D) 5

Correct Answer:

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