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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?


Definitions:

Cognitive Surplus

The combination of free time and the digital tools that allow people to use that time to engage in collaborative, creative activities online.

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The practice of collecting, analyzing, and reporting on digital data in a way that is legally admissible, often used in the context of cybercrime investigations.

Computer Literacy

Being familiar enough with computers that a user knows how to use them and understands their capabilities and limitations.

QR Code

A machine-readable optical label that contains information about the item to which it is attached, often used for storing URLs or other data that can be read by camera-equipped smartphones.

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