Which core principle is represented in this scenario if any? If the price of candy bar is $3 how many should you bu

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section1.1: How People Make Decisions
Problem 1QQ
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your marginal benefits for eating candy bars is shown in the table below

# Hot Dogs Marginal benefit
0 0
1 7
2 4
3 2
4 1
   
  • Which core principle is represented in this scenario if any?
  • If the price of candy bar is $3 how many should you buy
  • Explanation

 

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