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Table 10-2 Table 10-2 Above Shows Keira's Utility from Soup and Sandwiches

question 51

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Table 10-2
Table 10-2     Table 10-2 above shows Keira's utility from soup and sandwiches. The price of soup is $2 per cup and the price of a sandwich is $3. Keira has $18 to spend on these two goods. -Refer to Table 10-2.What is Keira's marginal utility per dollar spent on the third cup of soup? A) 72 utils B) 36 utils C) 12 utils D) 6 utils
Table 10-2 above shows Keira's utility from soup and sandwiches. The price of soup is $2 per cup and the price of a sandwich is $3. Keira has $18 to spend on these two goods.
-Refer to Table 10-2.What is Keira's marginal utility per dollar spent on the third cup of soup?


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Agricultural Societies

Communities or societies whose economy and way of life are primarily based on cultivating crops and farming animals.

Specialized Occupations

Jobs that require specific skills and knowledge, often resulting from extended training or education in a particular field.

Advanced Hunter-Gatherer

Societies or communities that have developed more complex organizational structures and methods for collecting resources, beyond basic foraging and hunting.

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A rapid chemical reaction that results in the release of heat and light, often consuming fuel and oxygen to sustain itself.

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