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How does diminishing marginal utility apply specifically as Luke continues to eat the eggs? What is the marginal cost of eating each egg? In the
How does diminishing marginal utility apply specifically as Luke continues to eat the eggs? What is the marginal cost of eating each egg?
In the second part, is it possible he could risk losing money to choose 50 eggs? Could there be non-monetary incentives from the prison environment that would lead to him choosing 50 eggs even if he loses money?
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