Refer to Figure 7-2. The market equilibrium price is

Refer to the above diagram. The marginal utility of the third unit of X is:

A) 5. B) 4. C) 2. D) 1.

Urbanization is measured by:

A) the ratio of the population living in urban areas to the ratio of the people living in rural areas in a country. B) the fraction of the population living in towns with a population of more than 5,000. C) the fraction of the population living in towns with a population of more than 1,000. D) the ratio of the population living in rural areas to the ratio of the people living in urban areas in a country.