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Author Question: Mary is currently buying apples and oranges such that the last unit of apples has 30 units of ... (Read 71 times)

penza

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Mary is currently buying apples and oranges such that the last unit of apples has 30 units of utility and the last unit of oranges has 40 units of utility. She has allocated her entire budget. If the price of an apple is 10 cents and the price of an orange is 20 cents, to maximize her utility, what should Mary do?
◦ buy more apples and fewer oranges
◦ buy more oranges and fewer apples
◦ continue to buy the same amounts of both goods
◦ buy fewer apples and fewer oranges
◦ None of these answers is correct.


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Marked as best answer by penza on May 24, 2019

irishcancer18

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penza

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Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it


diana chang

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Reply 3 on: Yesterday
Excellent

 

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