Suppose the marginal utility of a video game is 48 utils and the marginal utility of an
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Suppose the marginal utility of a video game is 48 utils and the marginal utility of an iTunes song is 2 utils. The price of a video game is $12 and the price of a song is $1. The opportunity cost of a video game is ________ songs and the marginal cost of a video game is ________ utils. The marginal benefit of a video game is ________ utils.
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Related Book For 
Microeconomics Principles Applications And Tools
ISBN: 9780134078878
9th Edition
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
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