Exam (elaborations)
unit 1 mcq progress check || A+ Verified Solutions.
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If the price of an apple is $0.50, the marginal utility per dollar spent for the fifth apple is: 2 apples = 130 utils 3 apples = 180 utils 4 apples = 220 utils 5 apples = 250 utils 6 apples = 270 utils 7 apples = 280 utils A) 20 B) 30 C) 40 D) 60 E) 100 correct answers D) 60 (250...
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