Multiple Choice
If the marginal utility of Jordyn's 100th dollar of income is 40 utils and the marginal utility of Joshua's 10th dollar is 135 utils, we know
A) money means more to Jordyn than to Joshua
B) money means more to Joshua than to Jordyn
C) Jordyn has more income than Joshua
D) Joshua has more income than Jordyn
E) nothing, since we can't make interpersonal utility comparisons
Correct Answer:
Verified
Correct Answer:
Verified
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