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A consumer is attempting to maximize utility in her consumption of goods A and B.If her income and the price of good A do not change but the marginal utility of good B is constant and the price of good B decreases,this will _____ utility per dollar spent on good B.
Burritos
A type of Mexican food consisting of a wheat flour tortilla wrapped or folded into a cylindrical shape to fully enclose the filling.
Marginal Revenue
The additional income earned from selling one more unit of a good or service; it's the change in total revenue divided by the change in the quantity sold.
Burritos
A type of Mexican and Tex-Mex cuisine that consists of a wheat flour tortilla wrapped or folded into a cylindrical shape to completely enclose a filling.
Marginal Revenue
The additional income received from selling one more unit of a good or service; it's a critical concept in determining optimal output level.
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