Multiple Choice
Table 21-1
The relationship between the marginal utility that George gets from eating a bag of cookies and the number of bags he eats per month is as follows:
-Refer to Table 21-1.George receives three units of utility from the last dollar spent on each of the other goods he consumes.If cookies cost $4 per bag,how many bags of cookies will he consume per month if he maximizes utility
A) 2
B) 3
C) 4
D) 5
Correct Answer:

Verified
Correct Answer:
Verified
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