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



Title: If Valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit, and
Post by: Tidy on Jun 20, 2015
If Valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit, and bandanas at $3 and gets 12 units of marginal utility from the last bandana purchased, she
A) is maximizing total utility and does not want to change their consumption of ankle socks or bandanas.
B) wants to consume more ankle socks and fewer bandanas.
C) wants to consume more of bandanas and fewer ankle socks.
D) wants to consume less of both ankle sock and bandanas.


Title: Re: If Valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit,
Post by: Chimelo46 on Jul 30, 2015
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Title: Re: If Valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit, and
Post by: Chimelo46 on Aug 31, 2015
The textbook reference in your signature really helped me narrow it down.

Happy to help ;)


Title: Re: If Valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit, ...
Post by: Mustafa Şamil Fındık on Jan 27, 2021
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