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Title: Arnie Ziffel has $20 per week to spend on any combination of pineapples and green tea. The price of Post by: Tidy on Jun 21, 2015 Arnie Ziffel has $20 per week to spend on any combination of pineapples and green tea. The price of a pineapple is $4 and the price of a bottle of green tea is $2. The table below shows Arnie's utility values. Use the table to answer the questions that follow the table.
Quantity of Pineapples Total Utility Marginal Utility Marginal Utility per Dollar Quantity of Green Tea Total Utility Marginal Utility Marginal Utility per Dollar 1 32 1 28 2 52 2 46 3 64 3 54 4 68 4 60 5 70 5 64 6 71 6 66 7 71 7 67 a. Complete the table by filling in the blank spaces. b. Suppose Arnold purchases 4 pineapples and 2 bottles of green tea. Is he consuming the optimal consumption bundle? If so, explain why. If not, what combination should he buy and why? Title: Re: Arnie Ziffel has $20 per week to spend on any combination of pineapples and green tea. The price Post by: Chimelo46 on Jul 30, 2015 Content hidden
Title: Re: Arnie Ziffel has $20 per week to spend on any combination of pineapples and green tea. The price of Post by: Chimelo46 on Aug 31, 2015 The textbook reference in your signature really helped me narrow it down.
Happy to help ;) Title: Re: Arnie Ziffel has $20 per week to spend on any combination of pineapples and green tea. The price ... Post by: Kaan Özbek on Jan 1, 2021 thank you
Title: Re: Arnie Ziffel has $20 per week to spend on any combination of pineapples and green tea. The price ... Post by: anyhowxv on Nov 10, 2021 aaa
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