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Suppose that strawberries sell for $3 basket. Thisha is considering whether to buy zero, one, two, three, or four baskets. On your own, create a
- Suppose that strawberries sell for $3 basket. Thisha is considering whether to buy zero, one, two, three, or four baskets. On your own, create a plausible set of total and marginal utility numbers. Hint: Remember that the purchased quantity can be optimal, giving the consumer the highest total new utility, only if MU-P=0 or MU=P
| Baskets of Strawberry (Price per basket $3) | Total Utility | Marginal Utility | ||
0 | ||||
1 | ||||
2 | ||||
3 | ||||
4 |
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Ecopolitical Homelessness Defining Place In An Unsettled World
Authors: Gerard Kuperus
1st Edition
1317232704, 9781317232704
