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    Price Theory and Applications
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    Exam 3: The Behavior of Consumers
  5. Question
    A Utility Maximizing Person Gets Marginal Utility from Consuming Their
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A Utility Maximizing Person Gets Marginal Utility from Consuming Their

Question 39

Question 39

True/False

A utility maximizing person gets marginal utility from consuming their last pencil and pen of 4 and 10 respectively.If pencils cost 10 cents a piece,the pens must cost 25 cents a piece.

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