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corie corie
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Posts: 767
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6 years ago
Monica consumes only goods A and B.  Suppose that her marginal utility from consuming good A is equal to 1/Qa, and her marginal utility from consuming good B is 1/Qb.  If the price of A is $0.50, the price of B is $4.00, and the Monica's income is $120.00, how much of good A will she purchase?
A) 0     
B) 12     
C) 24     
D) 48   
E) 120
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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#1
Posts: 477
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6 years ago
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corie Author
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6 years ago
Thank you, thank you, thank you!
amandamraz
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Yesterday
You make an excellent tutor!
bahajo
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2 hours ago
Good timing, thanks!
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