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Tidy Tidy
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Posts: 4852
8 years ago
If Valerie purchases ankle socks at $5 and gets 25 units of marginal utility from the last unit, and bandanas at $3 and gets 12 units of marginal utility from the last bandana purchased, she
A) is maximizing total utility and does not want to change their consumption of ankle socks or bandanas.
B) wants to consume more ankle socks and fewer bandanas.
C) wants to consume more of bandanas and fewer ankle socks.
D) wants to consume less of both ankle sock and bandanas.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 511 times
3 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Top Poster
Posts: 5641
8 years ago
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8 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
wrote...
3 years ago
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