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    Exam 12: Consumer Choice and Demand
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    For Jack, the Total Utility from Three Shirts Is 50
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For Jack, the Total Utility from Three Shirts Is 50

Question 4

Question 4

Multiple Choice

For Jack, the total utility from three shirts is 50 units and the marginal utility of one more shirt is 5. The total utility of four shirts is


A) 55/5.
B) 55.
C) 55/4.
D) 45.
E) None of the above answers is correct.

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