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Economics (AS & A Level) · May / June 2021 · Paper 32 · Question 4

9708Utility

Donald maximises his utility when buying paperback books and audio books. The price of a paperback book = $3 and the price of an audio book = $6. If the marginal utility of the last paperback book was 12 units of utility (utils), what was the marginal utility of the last audio book purchased?

  1. A2 utils
  2. B12 utils
  3. C16 utils
  4. D24 utils

As printed in the paper

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Correct answer: D. 24 utils

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