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mbowdish mbowdish
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4 years ago
Suppose that for Virginia the marginal benefit per dollar spent on make-up is less than the benefit per dollar spent on clothes. Virginia can always increase her utility by buying:

▸ more of both goods.

▸ more make-up and fewer clothes.

▸ fewer make-up and more clothes.

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

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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jrhome1985!jrhome1985!
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4 years ago
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mbowdish Author
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4 years ago
this is exactly what I needed
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This calls for a celebration Person Raising Both Hands in Celebration
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Brilliant ツ
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