Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Cutie124 Cutie124
wrote...
Go to Answer
Posts: 324
Rep: 15 0
5 years ago
Mr. Smith is consuming beer and wine. At his current level of consumption, the marginal utility per dollar is 30 units for beer and 20 units for wine. Mr. Smith should
A) consume twice as much beer as wine.
B) consume twice as much wine as beer.
C) increase his consumption of beer relative to wine.
D) increase his consumption of wine relative to beer.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 44 times
2 Replies
Replies
Answer verified by a subject expert
riptideriptide
wrote...
#1
Posts: 126
Rep: 56 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Cutie124 Author
wrote...
#2
5 years ago
White Heavy Checkmark Correct!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1091 People Browsing
 127 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 9526
  
 238
  
 8736
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Which of the following is the best resource to supplement your studies: