According to the Utility-Maximizing Rule, If Your Last Two Purchases

question 264

Multiple Choice

According to the utility-maximizing rule, if your last two purchases were $40 workout shorts and $80 running shoes, the marginal utility of the running shoes should be

• A) twice the marginal utility from the workout shorts.
• B) the same as the marginal utility from the workout shorts.
• C) one-half the marginal utility from the workout shorts.
• D) exactly equal to 80 units of utility.

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