Jane's marginal benefit per day from drinking coke is given in the table below. This shows that she values the first coke she drinks at $1.20, the second at $1.15, and so on. If the price of coke is...

Jane's marginal benefit per day from drinking coke is given in the table below. This shows that<br>she values the first coke she drinks at $1.20, the second at $1.15, and so on.<br>If the price of coke is $1.00, the optimal number of cokes that Jane should drink is:<br>Marginal benefit<br>Cokes<br>$1.20<br>1<br>$1.15<br>$0.95<br>3<br>$0.60<br>4<br>2.<br>

Extracted text: Jane's marginal benefit per day from drinking coke is given in the table below. This shows that she values the first coke she drinks at $1.20, the second at $1.15, and so on. If the price of coke is $1.00, the optimal number of cokes that Jane should drink is: Marginal benefit Cokes $1.20 1 $1.15 $0.95 3 $0.60 4 2.

Jun 07, 2022

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Jane's marginal benefit per day from drinking coke is given in the table below. This shows that she values the first coke she drinks at $1.20, the second at $1.15, and so on. If the price of coke is...

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