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Business, 19.02.2020 02:27 sharondacarruth1656

Jennifer is trying to decide between a cup of coffee and a glass of orange juice. The coffee costs $1 and yields 10 units of additional utility. The juice costs $2 and yields 16 units of additional utility. If Jennifer follows the principle of rational choice, she will buy:
1)coffee since it is cheaper
2)juice since she likes it better
3)coffee since it gives her the most marginal utility per dollar
4)juice since it gives her the most marginal utility per dollar

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