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The Price of a Can of Soft Drink Is $1

Question 296

Multiple Choice

The price of a can of soft drink is $1.25 and the marginal utility of the second can consumed is 10 utils. The marginal utility of the third hotdog is 4 utils. You should only consume the third hotdog if the price of the hotdog is less than or equal to


A) $0.41.
B) $0.625.
C) $0.25.
D) $0.50.

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