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Other Fields Homework Help Economics Topic started by: jmoney5 on Mar 17, 2019



Title: Assume that for a given consumer, the marginal utility of cheap food is 100 and the price of cheap ...
Post by: jmoney5 on Mar 17, 2019

Assume that for a given consumer, the marginal utility of cheap food is 100 and the price of cheap food is $40. Also, assume that the marginal utility of environmental quality is 200 and the price of environmental quality is $100. This consumer:



• Is in equilibrium.

• Should buy more cheap food.

• Should buy more environmental quality.

• Can't tell; insufficient information given to answer this question.


Title: Assume that for a given consumer, the marginal utility of cheap food is 100 and the price of cheap ...
Post by: jzhu11 on Mar 17, 2019
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Title: Assume that for a given consumer, the marginal utility of cheap food is 100 and the price of cheap ...
Post by: jmoney5 on Mar 17, 2019
This helped my grade so much


Title: Assume that for a given consumer, the marginal utility of cheap food is 100 and the price of cheap ...
Post by: jzhu11 on Mar 17, 2019
:okay: