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wrote...
Posts: 187
A month ago
How does the introduction of cognition into a consumer's choice between healthy and unhealthy food affect marginal utility per dollar and the quantity of healthy and unhealthy food consumed? Assume utility is maximized.
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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wrote...
Posts: 209
A month ago
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The marginal utility per dollar will decrease for both the healthy and unhealthy food. The quantity of healthy food consumed will increase and the quantity of unhealthy food consumed will decrease.
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wrote...
A month ago
Smart ... Thanks!
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