This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Mary is currently buying apples and oranges such that the last unit of apples has 30 units of ... (Read 93 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: May 24, 2019
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.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by penza on May 24, 2019

irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
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.
Answer Preview
Only 64% of students answer this correctly


penza

  • Member
  • Posts: 1,022
Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Cyanide works by making the human body unable to use oxygen.

A structural gene as a transcriptional unit A structural gene as a transcriptional unit
Buying a Telescope Buying a Telescope
Choose the telephone unit that offers the features needed in your office. Choose the telephone unit that offers the features needed in your office.
Find the final amount if the initial amount is 400 units. Find the final amount if the initial amount is 400 units.
Using the voltmeter leads from a starting and charging test unit to measure the voltage drop ... Using the voltmeter leads from a starting and charging test unit to measure the voltage drop ...
A Partially Filled 50-Unit Insulin Syringe A Partially Filled 50-Unit Insulin Syringe
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library