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Jack receives 30 utils from one apple, 45 utils from two apples, and 55 utils from three apples. It ...

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Jack receives 30 utils from one apple, 45 utils from two apples, and 55 utils from three apples. It ...

Jack receives 30 utils from one apple, 45 utils from two apples, and 55 utils from three apples. It follows that the marginal utility of the third apple is __________ utils and that Jack's __________utility rises as his __________ declines.

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55; marginal; total

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10; total; marginal

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130; total; marginal

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100; marginal; total

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none of the above

Textbook

Economics

Edition: 12^th

Author: Arnold

Read 71 times

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This helped my grade so much Perfect

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