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if valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit, and bandanas at $3 and gets 12 units of marginal utility from the last bandana purchased, she

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Valerie's total cost for the ankle socks and bandanas is $8 ($5 for the ankle socks and $3 for the bandanas).

She will receive a total of 37 units of marginal utility (25 units from the last ankle sock purchased and 12 units from the last bandana purchased). The marginal utility per dollar spent is 4.625 (37 divided by 8).

Marginal utility is the additional satisfaction or benefit that a consumer may gain from the consumption of an additional unit of a good or service. It is the increase or decrease in the utility that an individual gains from consuming an additional unit of a good or service.

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