If a restaurant runs a special and sells a lobster dinner for $4.50, Amy buys one lobster dinner a week. If lobster dinners are not on special and the price is $16.00, Amy buys zero lobster dinners per week. Which of the following is true?
A. Amy's marginal utility from a lobster dinner is less than $4.50.
B. Amy's marginal utility from a lobster dinner is greater than $16.00.
C. The value of Amy's marginal utility from a lobster dinner is at least $4.50 and less than $16.00.
D. Amy's demand for lobster is inelastic.
Answer: C
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