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LuckyWell [14K]
3 years ago
12

If Jane is not maximizing her utility with the original purchase combination, remembering the Law of Diminishing Marginal Utilit

y, would she be better off buying just one more order of fries? Explain your reasoning and show any calculations.
Mathematics
1 answer:
gayaneshka [121]3 years ago
4 0

Answer:

Using the Law of Diminishing Marginal Utility, Jane would not be better off buying one more fry, since the marginal utility she obtains from the fries are lower when compared to the chicken sandwich; therefore, she would be better off ordering another chicken sandwich

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Answer: Joe's weekly allowance = $12

Step-by-step explanation:

Joe spent half of his weekly allowance playing mini-golf

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To earn money, his parents let him weed the garden for $6

This means Joe's total money

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This means he had $12 left after spending a/2 from ta total of (a +6)

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Cross multiplying by 2

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