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Question
The table below shows how the marginal benefit of videotape rentals varies for Carol with the number rented per month.
The price of each tape rental is reduced from $2.99 to $1.99. Assuming that the price of a rental accurately reflects the marginal cost to Carol and that she is rational, she will increase the number of tapes rented per month from:
A. one to two.
B. two to three.
C. three to four.
D. four to five.
Answer
This answer is hidden. It contains 410 characters.
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