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Other Fields Homework Help Economics Topic started by: lambchop03 on Jul 22, 2019



Title: Suppose that for George the marginal benefit per dollar spent on tuna is less than the marginal ...
Post by: lambchop03 on Jul 22, 2019
Suppose that for George the marginal benefit per dollar spent on tuna is less than the marginal benefit per dollar spent on ham. The consumer can always increase his utility by buying:

▸ less tuna and more ham.

▸ more tuna and less ham.

▸ more of both goods.

▸ The consumer is already maximizing utility.


Title: Suppose that for George the marginal benefit per dollar spent on tuna is less than the marginal ...
Post by: urbacore on Jul 22, 2019
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Title: Suppose that for George the marginal benefit per dollar spent on tuna is less than the marginal ...
Post by: lambchop03 on Jul 22, 2019
Brilliant