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Elodia [21]
3 years ago
11

Lly wants to maximize her benefit of consuming apples and bananas, given her fixed budget of $10 for these two fruits. The price

of an apple is $1, and the price of a banana is $0.50. In order to derive Lily's demand curve for bananas, we need to- O A. draw a downward sloping line with slope of -2 O B. sove the buyer's problem for her multiple times and ind the optimal number of bananas, when price of a bananasia a a ifferent lovel ach time O C. solve the buyer's problem for her once, and find the optimal number of bananas, when price of a bananas is $0.50 O D. draw a downward sloping line with slope of -1 rial Economics: Applications, Strategy, and Tactics PDF Free
Business
1 answer:
Xelga [282]3 years ago
7 0

Answer:

C. solve the buyer's problem for her multiple times and find the optimal number of bananas, when price of a bananas is at a different level each time

Explanation:

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