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Given the utility-maximizing rule, if MUq=10 represents the marginal utility received from the last unit of medical care; MUz=8 represents the marginal utility derived from
Given the utility-maximizing rule, if MUq=10 represents the marginal utility received from the last unit of medical care; MUz=8 represents the marginal utility derived from the last unit of all other goods (a composite good); Pq=20 and Pz=15 are the unit prices respectively, a rational consumer will Group of answer choices spend more on medical care because its marginal utility is higher. spend more on the composite good because its marginal utility per dollar is higher spend more on medical care because its marginal utility per dollar is higher. spend more on the composite good because its marginal utility is higher
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