A bicycle store costs $4000 per month to operate. The store pays an average of $80 per bike. The average selling price of each
1 answer:
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Answer: Option 'E' is correct.
Step-by-step explanation:
Marginal utility is the addition utility derived from each successive unit of a particular good.
so, marginal utility is the change in utility from consuming an addition unit of a good or service.
Mathematically, it is expressed as
Hence, Option 'E' is correct.