How many sweaters will she purchase

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Reference no: EM132177002

Question: Suppose the price of a sweater is $15. Julia's benefit from purchasing each additional sweater is given in the table below. Julia gets the most benefit from the first sweater and less benefit from each additional sweater. If Julia is behaving rationally, how many sweaters will she purchase?

2380_Marginal Benefit.png

Reference no: EM132177002

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