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Jane Is Maximizing Total Utility While Consuming Food and Clothing

Question 21

Multiple Choice

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


A) be rising.
B) be falling.
C) equal $5.
D) equal $20.

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