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Alex is consuming candy bars that cost $1 each. When he purchases the 5th candy bar his total utility increases from 6 utils to
Alex is consuming candy bars that cost $1 each. When he purchases the 5th candy bar his total utility increases from 6 utils to 8 utils. What is the marginal utility of the 5th candy bar?
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Alex purchased 4 candy bars previously with a total ...
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
