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Title: If a restaurant runs a special and sells a lobster dinner for $4.50, Amy buys one lobster dinner a ... Post by: chomtong on Jun 27, 2017 If a restaurant runs a special and sells a lobster dinner for $4.50, Amy buys one lobster dinner a week. If lobster dinners are not on special and the price is $16.00, Amy buys zero lobster dinners per week. Which of the following is TRUE?
A) Amyʹs marginal utility from a lobster dinner is greater than $16.00. B) Amyʹs marginal utility from a lobster dinner is less than $4.50. C) Amy's demand for lobster is inelastic. D) The value of Amyʹs marginal utility from a lobster dinner is at least $4.50 and less than $16.00. Title: Re: If a restaurant runs a special and sells a lobster dinner for $4.50, Amy buys one lobster dinner ... Post by: DeToXiFY on Jun 27, 2017 Content hidden
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