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The price of lottery ticket is$2, the price of a candy bar i

Paper help Economics The price of lottery ticket is$2, the price of a candy bar i

Economics

The price of lottery ticket is$2, the price of a candy bar i

The price of lottery ticket is$2, the price of a candy bar is $10,and jerry has $20 a week to spe… Show more The price of lottery ticket is$2, the price of a candy bar is $10,and jerry has $20 a week to spend . Calculate jerrys marginal utility from the second lottery ticket and marginal utility per dollar when he buys 2 lottery tickets. calculate jerrys marginal utility from first candy bar and marginal utility per dollar when he buys 1 candy bar. lottery tickest candy bar quantity per weeks total utility quantity per weeks total utility 0 0 0 0 1 120 1 250 3 220 2 250 2 220 2 450 3 300 3 600 4 360 4 700 A. jerrys marginal utility from the second lottery ticket is ……….. units. B. the marginal utility per dollar from lottery ticket when jerry buys 2 lottery tickets is………. unit per dollar C. jerrys margial utility per dollar from candy bar is ………UNITS D. the marginal utility per dollar from candy bars when jerry buys 1 candy bar is ….. units per dollar • Show less

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