Business, 10.03.2020 20:38 kingdede8811
Astrid currently consumes only milk and honey. She drinks four quarts of milk priced at $3 per quart and gets 30 utils for the last quart. She consumes thirteen jars of honey at a price of $0.75 per jar and gets 7.5 utils for the last jar. Is Astrid maximizing her utility?
A) No. She should consume more milk
B) No. She should consume more honey.
C) No. She should consume less milk.
D) Yes.
Answers: 1
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Astrid currently consumes only milk and honey. She drinks four quarts of milk priced at $3 per quart...
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