Question
Anita has five pounds of bananas and values their total utility at $2.14. If she acquires one additional pounds of bananas and it has a
Anita has five pounds of bananas and values their total utility at $2.14. If she acquires one additional pounds of bananas and it has a marginal utility of 11 cents, Anita's total utility will:
Select one:
a. Rise to $2.25
b. Fall to $2.03
c. Stay the same
d. Fall to $2.11
e. Statistics.
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
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