Multiple Choice
Suppose Enid could increase her total utility by purchasing one more book and one fewer DVD.Which of the following is true?
A) The marginal utility of an additional DVD exceeds the marginal utility of an additional book.
B) The marginal utility of an additional book exceeds the marginal utility of an additional DVD.
C) The marginal utility of an additional DVD is negative.
D) The marginal utility of per dollar spent on books exceeds that of DVDs.
E) The marginal utility of per dollar spent on books equals that of DVDs.
Correct Answer:
Verified
Correct Answer:
Verified
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