Multiple Choice
Assume that Juan concludes that he should eat less and play video games more. In this situation, it must be TRUE that the marginal utility of the last dollar spent on food is
A) more than the marginal utility of the last dollar spent on video games.
B) less than the marginal utility of the last dollar spent on video games.
C) equal to the marginal utility of the last dollar spent on video games.
D) negative and less than the marginal utility of the last dollar spent on video games.
Correct Answer:

Verified
Correct Answer:
Verified
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