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Nathalie Is Maximizing Total Utility While Consuming Food and Clothing

Question 21

Multiple Choice

Nathalie is maximizing total utility while consuming food and clothing. Her marginal utility from food and clothing is 50 and 25, respectively. If clothing is priced at €10 per unit, the price of food must


A) be rising.
B) be falling.
C) equal €10 as well.
D) equal €20.

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