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Nakeiat Nakeiat
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5 years ago
At a ball game we can observe people eating hot dogs, french fries, and hamburgers. If all are priced the same and we observe Michelle eating a hot dog and David eating a hamburger, we can conclude that
A) Robert will be eating french fries.
B) Michelle likes hot dogs better than David does and David likes hamburgers better than Michelle does.
C) Michelle derives the same amount of utility from eating a hot dog as David derives from eating a hamburger.
D) at this time Michelle derives more utility from eating a hot dog than from eating either a hamburger or french fries, while David derives more utility from eating a hamburger than from eating either a hot dog or french fries.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Brownr40Brownr40
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5 years ago
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Nakeiat Author
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#2
5 years ago
Commenting just to show my support for informative posts like this, keep it up 10/10
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#3
5 years ago
That helps more than you thinks, thanks for being so thoughtful
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