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maximus5 maximus5
wrote...
Posts: 378
5 years ago
You consider yourself to be a rational consumer. The marginal utility/price ratio of coffee is 12 utils per dollar. If the price of a donut is $0.75, you should only buy the donut if it gives you at least
A) 16 utils of satisfaction.
B) 9 utils of satisfaction.
C) 12 utils of satisfaction.
D) The answer cannot be determined with this information.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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homework1homework1
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Posts: 188
5 years ago
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maximus5 Author
wrote...

5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
You make an excellent tutor!
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2 hours ago
Good timing, thanks!
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