Sam loves cookies. She receives 200 utils for one cookie, 360 for two cookies, 490 for the third, 560 for four cookies, and 600 for five cookies. The marginal utility of the third cookie is

A) 130.
B) 490.
C) 70.
D) cannot be determined.

Answer: A

Economics

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When resources are commonly owned, there are incentives in place to ensure that the resources are used efficiently

a. True b. False Indicate whether the statement is true or false

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