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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
Carmen is at the grocery story buying six yogurts and five apples.  The price of a yogurt is $1 and the price of an apple is 50 cents.  The total utility from the six yogurts is 40 and the marginal utility of the 6th yogurt is five.  The total utility of the five apples is 40 and the marginal utility of the 5th apple is four.  Carmen is maximizing utility.
A) True
B) False
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kingbykingby
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#1
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Posts: 3218
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8 years ago
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#2
8 years ago
I figured, great answer
wrote...
#3
8 years ago
Yup, vote with confidence!
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