Quantity of Hot Marginal Utility from Cocoa Hot Cocoa 1 2 3 4 5 8 2 8 7 16 Utility of Hot Cocoa and Donuts 6 5 1 2 3 4 5 Quantity of Donuts Marginal Utility from Donuts 10 The price of hot cocoa is $2 and the price of a donut is $1. What is the marginal utility per dollar for two donuts? 8 6 4 3

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Question
Quantity of Hot Marginal Utility from
Cocoa
Hot Cocoa
1
2
3
4
5
4
8
2
8
7
16
Utility of Hot Cocoa and Donuts.
5
4
1
2
3
4
5
Quantity of Marginal Utility from
Donuts
Donuts
The price of hot cocoa is $2 and the price of a donut is $1. What is the marginal
utility per dollar for two donuts?
10
8
6
3
Transcribed Image Text:Quantity of Hot Marginal Utility from Cocoa Hot Cocoa 1 2 3 4 5 4 8 2 8 7 16 Utility of Hot Cocoa and Donuts. 5 4 1 2 3 4 5 Quantity of Marginal Utility from Donuts Donuts The price of hot cocoa is $2 and the price of a donut is $1. What is the marginal utility per dollar for two donuts? 10 8 6 3
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