Multiple Choice
Nancy is consuming her optimal consumption bundle of burritos and margaritas.The marginal utility of her last burrito was 75 utils,and each burrito costs $3.Her marginal utility of her last margarita was 100 utils.What is the price of a margarita?
A) $1
B) $2
C) $3
D) $4
Correct Answer:
Verified
Correct Answer:
Verified
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