Mathematics, 13.02.2020 22:38 leannaadrian
A) For the utility function above, if the price of the good is $4, what is the Marginal Utility per Dollar for the fourth unit consumed?
utils.
b) For the utility function above, if the price of the good is $2, what is the Marginal Utility per Dollar for the second unit consumed?
utils.
c) Would a rational consumer consume the eighth unit if it was free?
Answers: 2
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A) For the utility function above, if the price of the good is $4, what is the Marginal Utility per...
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