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Question
Assume that Jackie concludes that he should eat less and play racquetball more. In this situation, it must be true that the marginal utility of the last dollar spent on food is
A) more than the marginal utility of the last dollar spent on racquetball.
B) less than the marginal utility of the last dollar spent on racquetball.
C) equal to the marginal utility of the last dollar spent on racquetball.
D) negative and less than the marginal utility of the last dollar spent on racquetball.
Answer
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