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The Marginal Benefit to You of Drinking One More Bottled

Question 157

Multiple Choice

The marginal benefit to you of drinking one more bottled iced tea is $1.50. The price of a bottle of iced tea is $1.25.


A) ​If you purchase iced tea you will suffer a net loss of 25 cents per bottle.
B) ​If you purchase a bottle of iced tea, the net gain to you from doing so is 25 cents.
C) ​You will not purchase iced tea if you are acting rationally.
D) ​If you are acting rationally, you will purchase iced tea until the marginal benefit falls to 25 cents.

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