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Related to the Economics in Practice on Page 130: Assuming

Question 21

Multiple Choice

Related to the Economics in Practice on page 130: Assuming people wish to maximize utility, those who choose to dine at fast-food restaurants rather than more expensive restaurants must be receiving ________ from dining at the fast-food restaurant than at the more expensive restaurant.


A) greater marginal utility
B) lower marginal utility
C) greater marginal utility per dollar
D) lower marginal utility per dollar

Correct Answer:

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