Multiple Choice
The Denver Broncos is a football team in the NFL, the Colorado Crush was an arena football team, and the Highlands Ranch Falcons is a local High School team. Broncos tickets cost about $415, Crush tickets cost between $30 and $85 and Falcons tickets are $6. What does marginal utility theory predict about the marginal utility per dollar from each of these football games?
A) The marginal utility per dollar will be greatest for the Broncos.
B) The marginal utility per dollar will be equal for all games.
C) The marginal utility per dollar will be greatest for the Crush.
D) The marginal utility per dollar will be greatest for the Falcons.
Correct Answer:
Verified
Correct Answer:
Verified
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