Solved

Arthur Has $7,800

Question 9

Multiple Choice

Arthur has $7,800.He goes into an upscale men's store and buys 32 green sweaters,each costing $200.If Arthur has maximized his utility from this purchase,which of the following is the marginal utility of the thirty-third green sweater?


A) negative
B) greater than $200
C) less than $200
D) $0
E) $200

Correct Answer:

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