Multiple Choice
When you chose to buy the second cup of coffee instead of the third bagel, which of the following is necessarily CORRECT?
A) The second coffee will give you higher marginal utility.
B) The second coffee is cheaper than the third bagel.
C) The marginal utility per dollar from the third bagel is less than the marginal utility per dollar from the second coffee.
D) Both answers A and C are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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