|
Title: Suppose Barry is maximizing his utility from consuming used paperback novels and audio books. The pr Post by: Tidy on Jun 21, 2015 Suppose Barry is maximizing his utility from consuming used paperback novels and audio books. The price of a used novel = $4 and the price of an audio book = $8. If the marginal utility of the last novel was 32 units of utility (utils) what was the marginal utility of the last audio book purchased?
A) 2 utils B) 12 utils C) 16 utils D) 64 utils Title: Re: Suppose Barry is maximizing his utility from consuming used paperback novels and audio books. Th Post by: Chimelo46 on Jul 30, 2015 Content hidden
Title: Re: Suppose Barry is maximizing his utility from consuming used paperback novels and audio books. The pr Post by: Chimelo46 on Aug 31, 2015 Happy to assist!
|