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    Microeconomics Study Set 6
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    Exam 8: Utility and Demand
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    If It Costs $6
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If It Costs $6

Question 38

Question 38

True/False

If it costs $6.00 to go to the movies and $25.00 to go to a hockey game, Tom is maximizing his utility between movies and hockey if his marginal utility of movies is 12 units and his marginal utility from hockey is 25.

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