The marginal utility obtained by spending an extra dollar


Sue consumer only two goods, food and clothing. The marginal utility obtained by spending an extra dollar on either good is 9. The price of food is $1.2/unit, and the price of clothing is $0.9/unit.

  1. What are the marginal utilities of food and clothing for Sue at her current consumption pattern?

 

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Business Management: The marginal utility obtained by spending an extra dollar
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