Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Satsume Satsume
wrote...
Go to Answer
Posts: 761
Rep: 0 0
6 years ago
Jane is attempting to maximize utility by selecting a market basket of goods.  For each of the goods in the market basket the marginal utility per dollar spent is equal.  There are some goods which are affordable but do not appear in the Jane's market basket.  If Jane has maximized utility, the marginal utility per dollar spent on each of the goods that does not appear in the market basket is:
A) too high.     
B) too low.     
C) zero.     
D) infinite.
E) none of the above
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 214 times
2 Replies
Replies
Answer verified by a subject expert
Bart_argBart_arg
wrote...
#1
Top Poster
Posts: 570
Rep: 14 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Anonymous
wrote...
#2
11 months ago
Help! The answer is missing an explanation...
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1038 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 135
  
 373
  
 309
Your Opinion
Which country would you like to visit for its food?
Votes: 261
Previous poll results: Do you believe in global warming?