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Bob Values the Utility of a Single Scoop of Baskin-Robbins

Question 49

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Bob values the utility of a single scoop of Baskin-Robbins ice cream at $1.50. A double scoop gives total utility of $2.25, while a triple scoop yields $2.60. Baskin-Robbins charges $1.35 for a single, $1.95 for a double, and $2.35 for a triple. How many scoops will Bob buy?

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Bob will buy a double. The first scoop h...

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