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The Price of Good X Is $5 and the Price

Question 320

Multiple Choice

The price of good X is $5 and the price of good Y is $15. If the marginal utility of good X is 20 then the marginal utility of good Y must be ________ to have an optimum combination of goods purchased.


A) 4
B) 20
C) 60
D) 80

Correct Answer:

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