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Ivanshal [37]
2 years ago
7

The price of a video is ​$4 and the price of a dinner is ​$16. from this we know that a consumer who is maximizing utility will

Business
1 answer:
kenny6666 [7]2 years ago
3 0

b. buy enough of the two goods such that the marginal utility from the last dinner consumed is four times greater than the marginal utility from the last video.

This is because they are paying 4 times as much for the dinner so should get 4 times the utility from it.

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