9/15/22, 9:52 AMPrint AssessmentThe marginal utility per dollar spent on the last banana consumed is 75. If the price of an apple is $.50, how manyapples would Kevin have to consume before he considers purchasing another banana?71002000 199ACENumber of Apples234567634QUESTION 3Total Utility A320130180220qurum ont250270280BD25ob The villu lanipismodi 02.2ai elggs ne to songCr081129T1inU 0136101023OTSaslgqA to 19dmul

Utility is refered to be as the satisfaction gained while consuming a good or service.

apples would Kevin have to consume before he considers purchasing another banana? A C E Number of Apples 2 3 4 5 6 7 6 3 4 QUESTION 3 Total Utility 130 180 220 Bratent for in 250 270 280 B D 2 5 ana? OC 20A 320 225 llob The villbu Isnipasmodi 02.2 i slugs ne te 023 129T | 1nU 01 080 2siqqa to 19dm

apples would Kevin have to consume before he considers purchasing another banana? A C E Number of Apples 2 3 4 5 6 7 6 3 4 QUESTION 3 Total Utility 130 180 220 Bratent for in 250 270 280 B D 2 5 ana? OC 20A 320 225 llob The villbu Isnipasmodi 02.2 i slugs ne te 023 129T | 1nU 01 080 2siqqa to 19dm

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

9/15/22, 9:52 AM
Print Assessment
The marginal utility per dollar spent on the last banana consumed is 75. If the price of an apple is $.50, how many
apples would Kevin have to consume before he considers purchasing another banana?
7100
2000 199
A
C
E
Number of Apples
2
3
4
5
6
7
6
3
4
QUESTION 3
Total Utility A320
130
180
220
qurum ont
250
270
280
B
D
2
5
ob The villu lanipismodi 02.2ai elggs ne to song
Cr
081
129T1inU 0136101
023
OTS
aslgqA to 19dmul

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