2. The utility of person 1 and 2 solely depends on their income (). Person...
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Accounting
2. The utility of person 1 and 2 solely depends on their income (). Person 1s utility equals 4 and person 2s utility equals 0.5. What is the marginal utility of the 100th dollar they receive? What about the 10,000th dollar? At what income level do these two people have the same marginal utility of income?
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