Business, 18.06.2020 20:57 gracemerci1
Five consumers have the following marginal utility of apples and pears:
Consumer Marginal Utility of Apples Marginal Utility of Pears
Alex 5 9
Becky 5 10
Clancy 4 8
Eileen 4 10
Hubert 3 4
The price of an apple is $1, and the price of a pear is $2.
Which, if any, of these consumers are optimizing over their choice of fruit?
A) Alex
B) Becky
C) Clancy
D) Eileen
E) Hubert
Answers: 1
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Five consumers have the following marginal utility of apples and pears:
Consumer Marginal Utility o...
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