Multiple Choice
Use the following to answer question:
-(Table: Natasha's Total Utility) Use Table: Natasha's Total Utility.Natasha's marginal utility _____ as her income increases.The marginal utility of income between $30,000 and $32,500 is _____ utils per dollar,while it is _____ utils per dollar between $47,500 and $50,000.
A) increases;0.48;0.64
B) increases;0.12;0.36
C) diminishes;0.50;0.25
D) diminishes;0.32;0.04
Correct Answer:

Verified
Correct Answer:
Verified
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