Multiple Choice
Jess gets half as much marginal utility from an additional bagel than from an additional muffin.If the price of muffin is $2.00/each,then Jess is maximizing utility if the price of a bagel is
A) $1.00
B) $1.50
C) $2.00
D) $4.00
Correct Answer:
Verified
Correct Answer:
Verified
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