Multiple Choice
At her current level of consumption, Wiebke's marginal utility from an additional pencil is 15 utils, and her marginal utility from an additional pen is 10 utils. This implies that Wiebke would be willing to give up at most ________ pencils for an additional pen.
A) 0.66
B) 0.75
C) 1.5
D) 3
Correct Answer:
Verified
Correct Answer:
Verified
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