Product M has a price of $7.95. If the Total Utility an individual receives from consuming 8 units of Product M is 249 and the Total Utility for consuming one fewer unit of Product M is 228, then what...


Product M has a price of $7.95.<br>If the Total Utility an individual receives from<br>consuming 8 units of Product M is 249 and<br>the Total Utility for consuming one fewer unit<br>of Product M is 228, then what is the Marginal<br>Utility per Price of the 8th unit of Product M?<br>(Round your answer to 2 digits after the<br>decimal.)<br>

Extracted text: Product M has a price of $7.95. If the Total Utility an individual receives from consuming 8 units of Product M is 249 and the Total Utility for consuming one fewer unit of Product M is 228, then what is the Marginal Utility per Price of the 8th unit of Product M? (Round your answer to 2 digits after the decimal.)

Jun 11, 2022
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