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Other Fields Homework Help Economics Topic started by: Tidy on Jun 20, 2015



Title: Suppose Joe is maximizing total utility within his budget constraint. If the price of the last pair
Post by: Tidy on Jun 20, 2015
Suppose Joe is maximizing total utility within his budget constraint. If the price of the last pair of jeans purchased is $25 and it yields 100 units of extra satisfaction and the price of the last shirt purchased is $20, then, using the rule of equal marginal utility per dollar spent, the extra satisfaction received from the last shirt must be
A) 2,000 units of utility.
B) 500 units of utility.
C) 100 units of utility.
D) 80 units of utility.


Title: Re: Suppose Joe is maximizing total utility within his budget constraint. If the price of the last p
Post by: Chimelo46 on Jul 30, 2015
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Title: Re: Suppose Joe is maximizing total utility within his budget constraint. If the price of the last pair
Post by: Chimelo46 on Aug 31, 2015
It was nothing, thanks for updating us.


Title: Re: Suppose Joe is maximizing total utility within his budget constraint. If the price of the last ...
Post by: anyhowxv on Nov 3, 2021
HELLO THANKS