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Author Question: For David, the marginal utility from an additional car is 2,000 units and the marginal utility from ... (Read 76 times)

magmichele12

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on: May 24, 2019
For David, the marginal utility from an additional car is 2,000 units and the marginal utility from an additional vacation is 1,000 units. David is allocating all his budget. Hence to maximize his utility, David will
◦ shift his consumption from the vacation to the car.
◦ shift his consumption from the car to the vacation.
◦ save his budget by not spending it until he can afford both the car and the vacation.
◦ buy both the car and the vacation now.
◦ possibly do something, but there is not enough information available to determine what he would do.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by magmichele12 on May 24, 2019

sabina576

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Reply #1 on: May 24, 2019
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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magmichele12

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

helenmarkerine

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Reply 3 on: Yesterday
Excellent

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