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The Following Diagram Shows the Demand Curve for Neckties

Question 61

Multiple Choice

The following diagram shows the demand curve for neckties. At point a, the monetary value of the total utility received by a consumer is: ​
Figure 6.3
​
The following diagram shows the demand curve for neckties. At point a, the monetary value of the total utility received by a consumer is: ​ Figure 6.3 ​ A) $5. B) $9. C) $20. D) $26. E) $45.


A) $5.
B) $9.
C) $20.
D) $26.
E) $45.

Correct Answer:

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