3. An additional unit of Old Product X will bring Cindy an MU of 15 utils, an...
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3. An additional unit of Old Product X will bring Cindy an MU of 15 utils, an additional unit of New Product Y will bring Cindy an MU of 30 utils, and an additional unit of New Product Z will bring Cindy an MU of 40 utils. If a unit of Old Product X costs $10, a unit of New Product Y costs $30, and a unit of New Product Z costs $20, which product will Cindy prefer to spend her money on? LO15.4
a. Old Product X.
b. New Product Y.
c. New Product Z.
d. More information is required.
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