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Which of the following is the correct interpretation of the conjoint results? Group of answer choices If price increases from $15 to $30, utility decreases
Which of the following is the correct interpretation of the conjoint results? Group of answer choices If price increases from $15 to $30, utility decreases by 0.25 units. If price increases from $15 to $50, utility decreases by 2.3 units. If price increases from $15 to $30, utility decreases by 0.25 units. If price increases from $30 to $50, utility decreases by 2.3 units The consumer prefers to pay a higher price for sneakers, holding everything else constant. The consumer has a 25% chance of buying a $30 pair of sneakers
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