Suppose that utility is given by the following function: U= 10* ln(c) How large is marginal utility
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Question:
Suppose that utility is given by the following function:
U= 10* ln(c)
How large is marginal utility when real consumption is c=5?
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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