Multiple Choice
Christine has purchased five bananas and is considering the purchase of a sixth.It is likely she will purchase the sixth banana if
A) the marginal value she gets from the sixth banana is lower than its price.
B) the marginal benefit of the sixth banana exceeds its price.
C) the average value of the sixth bananas exceeds the price.
D) the total personal value of six bananas exceeds the total expenditure to purchase six bananas.
Correct Answer:
Verified
Correct Answer:
Verified
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