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Billy Likes Candy Bars and Popcorn

Question 62

Multiple Choice

Billy likes candy bars and popcorn.Candy bars sell for $0.50 each and popcorn sells for $1 a bag.Currently he is in consumer equilibrium with marginal utility per dollar on popcorn equal to 100.What is the marginal utility per dollar on candy bars?


A) 50
B) 100
C) 200
D) 25
E) 0.5

Correct Answer:

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