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Author Question: Jen consumes 5 CDs and 2 tacos. She receives 500 units of utility from her 5th CD and 200 units of ... (Read 230 times)

piesebel

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on: May 24, 2019
Jen consumes 5 CDs and 2 tacos. She receives 500 units of utility from her 5th CD and 200 units of utility from her 2nd taco. The price of a CD is $10, the price of a taco is $4, and she is spending her entire budget. Which of the following is true regarding Jen's choices?
◦ Jen is consuming on her demand curve for tacos.
◦ Jen is maximizing utility.
◦ Jen is consuming on her demand curve for CDs.
◦ Only answers Jen is consuming on her demand curve for tacos and Jen is maximizing utility are correct
◦ Answers Jen is consuming on her demand curve for tacos, Jen is maximizing utility, and Jen is consuming on her demand curve for CDs are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by piesebel on May 24, 2019

ky860224

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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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piesebel

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Reply #2 on: May 24, 2019
Thank you!


ky860224

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Reply #3 on: May 24, 2019
Always glad to help...


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