Multiple Choice
Stanley receives the following marginal utilities from the first four car washes that he buys each year,respectively: 20,15,10,and 5.If each car wash sells for $10,then the marginal utility per dollar spent on the third car wash is
A) 10
B) 4.5
C) 1
D) 45
E) 5
Correct Answer:
Verified
Correct Answer:
Verified
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