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lambchop03 lambchop03
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4 years ago
Suppose that for George the marginal benefit per dollar spent on tuna is less than the marginal benefit per dollar spent on ham. The consumer can always increase his utility by buying:

▸ less tuna and more ham.

▸ more tuna and less ham.

▸ more of both goods.

▸ The consumer is already maximizing utility.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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urbacoreurbacore
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4 years ago
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lambchop03 Author
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#2
4 years ago
Brilliant
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