Jamie's marginal utility for consuming muffins and doughnuts in utils are as follows.Jamie spends $4 for breakfast every morning,the price per muffin is $1.00 and the price per doughnut is $0.50.
If Jamie consumes 3 muffins,what is Jamie's marginal utility per dollar from muffins?
A) 6.25
B) 7.5
C) 25
D) 15
Correct Answer:
Verified
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