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9. Eric Shabby has $34 a week to spend as he wishes on commodities A and B. The prices of the commodities, the quantities he now buys and his evaluation of the utility provided by these quantities are as follows: Price Units Bought Total Utility Marginal Utility A $1.40 500 B $0.50 20 28 12 1000 20 For maximum satisfaction, Eric should assuming that he can buy fractions of units of A and B), a. do nothing, being already at the best possible position. b. buy the same quantity of A and more of B. c. buy more of A and less of B. d. buy more of A and the same quantity of B. e. buy less of A and more of B.
9. Eric Shabby has $34 a week to spend as he wishes on commodities A and B. The prices of the commodities, the quantities he now buys and his evaluation of the utility provided by these quantities are as follows: Price Units Bought Total Utility Marginal Utility A $1.40 500 B $0.50 20 28 12 1000 20 For maximum satisfaction, Eric should assuming that he can buy fractions of units of A and B), a. do nothing, being already at the best possible position. b. buy the same quantity of A and more of B. c. buy more of A and less of B. d. buy more of A and the same quantity of B. e. buy less of A and more of B.
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Lelia LubowitzLv2
29 Mar 2018