Jon enjoys fishing (which costs $20) and golf (which costs $30). last month, jon fished four times and golfed twice. the last fi

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3 years ago

7

Jon enjoys fishing (which costs $20) and golf (which costs $30). last month, jon fished four times and golfed twice. the last fi

shing outing provided jon a marginal utility of 50, and the last round of golf provided a marginal utility of 120. did jon maximize his utility according to the utility maximization rule?

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1 answer:

Gennadij [26K] · Answer 1 · 2022-01-05T22:41:27+03:00

Gennadij [26K]3 years ago

6 0

He did maximize the utility <span>according to the utility maximization rule</span>.