If your marginal utility from your last session with your personal trainer is equal to the price she charged you, then

What are your choices?

What is your answer?

then?

Is this problem complete?

If your marginal utility from your last session with your personal trainer is equal to the price she charged you, then it means that you are considering the cost of the session in terms of the additional satisfaction or benefit you derived from it.

To understand this concept, let's break it down step by step:

1. Marginal Utility: Marginal utility refers to the additional satisfaction or benefit you gain from consuming or obtaining one more unit of a good or service. It measures the change in satisfaction as a result of consuming an additional unit.

2. Price: Price represents the amount of money you need to pay to acquire a good or service. In this case, the price implies the cost of the personal training session.

Given that your marginal utility from the session is equal to the price she charged you, it suggests that the additional satisfaction or benefit you received from the training session is worth the cost you paid for it. In other words, you perceive the value of the session to be equal to or greater than the price you paid.

This scenario indicates a state of equilibrium where the subjective value you assign to the personal training session matches the monetary sacrifice (price) you made to acquire it. It suggests that you are content with the exchange and find it beneficial to invest in the training session at that particular price point.