If the marginal value of a third soda is $1.50 to Jackie, then
a. Jackie would be willing to pay no more than $4.50 for three sodas.
b. Jackie places a total value of less than $4.50 on three sodas.
c. Jackie would pay no more than $1.50 for an additional soda when she has already consumed 2 sodas.
d. Jackie would pay no more than $1.50 for any soda.
c. Jackie would pay no more than $1.50 for an additional soda when she has already consumed 2 sodas.
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a. True b. False Indicate whether the statement is true or false
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A. 1 B. 2 C. 3 D. 4
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