Solved

If the Marginal Utility of Consuming One Pound of Apples

Question 48

Multiple Choice

If the marginal utility of consuming one pound of apples is 200 units for John and 50 units for Jane, we can conclude


A) that John will eat four times more apples than Jane.
B) that John will eat the same amount of apples as Jane.
C) that John will eat four times fewer apples than Jane.
D) that John and Jane will not eat any apples.
E) nothing about how many apples John will eat compared to Jane.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions