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The following table shows the marginal benefit that Marcus derives by consuming different quantities of hotdog and soda. The price of a hotdog is $3, and the price of a soda is $1.
-Refer to the table above.What is the maximum amount of consumer surplus that Marcus can get,if he has $14 budget to spend on these two goods?
UNESCO
The United Nations Educational, Scientific and Cultural Organization, a specialized agency aimed at promoting world peace and security through international cooperation in education, the sciences, and culture.
Developing Countries
Refer to nations with a lower level of material wellbeing, industrialization, and income per capita compared to developed countries.
Media Products
Media products refer to content created for distribution across various platforms, including television shows, movies, music, newspapers, and digital content.
Conglomerates
Large corporations that own a collection of smaller companies across various industries.
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