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  
PiMaster314 PiMaster314
wrote...
Go to Answer
Posts: 423
Rep: 21 0
5 years ago

Assume that for a given consumer, the marginal utility of 7-Up is 160 and the price of 7-Up is $2. Also, assume that the marginal utility of Coca-Cola is 200 and the price of Coca-Cola is $3. This consumer



• Is in equilibrium.

• Should buy more 7-Up

• Should buy more Coca-Cola.

• Should buy more of both products.
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
Read 79 times
2 Replies
Replies
Answer verified by a subject expert
beunikuelbeunikuel
wrote...
#1
Posts: 398
Rep: 64 0
5 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

PiMaster314 Author
wrote...
#2
5 years ago
Exactly what I needed for my project, TYSM
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1148 People Browsing
 116 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 239
  
 316
  
 96
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: How often do you eat-out per week?