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Title: Carolyn spends her income on popular magazines and music CDs. If the price of a CD is four times the Post by: Tidy on Jun 20, 2015 Carolyn spends her income on popular magazines and music CDs. If the price of a CD is four times the price of a magazine and if Carolyn is maximizing her utility, she buys
A) both goods until the marginal utility of the last CD purchased is four times the marginal utility of the last magazine purchased. B) both goods until the marginal utility of the last magazine purchased is four times the marginal utility of the last CD purchased. C) four times as much magazines as CDs. D) four times as much CDs as magazines. Title: Re: Carolyn spends her income on popular magazines and music CDs. If the price of a CD is four times Post by: Chimelo46 on Jul 30, 2015 Content hidden
Title: Re: Carolyn spends her income on popular magazines and music CDs. If the price of a CD is four times the Post by: Chimelo46 on Aug 31, 2015 It was nothing, thanks for updating us.
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