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    Economics-Microeconomics
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    Exam 8: Utility and Demand
  5. Question
    -Given the Data in the Above Table, Income of $13
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-Given the Data in the Above Table, Income of $13

Question 217

Question 217

Multiple Choice

  -Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2.00 for a hamburger, what is the marginal utility per dollar spent on the fifth hamburger? A)  10 units of utility B)  8 units of utility C)  6 units of utility D)  4 units of utility
-Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2.00 for a hamburger, what is the marginal utility per dollar spent on the fifth hamburger?


A) 10 units of utility
B) 8 units of utility
C) 6 units of utility
D) 4 units of utility

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