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Author Question: Marv Pilson has $50 worth of groceries in a shopping cart at his local Shop 'n Save. Assume that the ... (Read 1745 times)

cnetterville

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on: Oct 7, 2019

Marv Pilson has $50 worth of groceries in a shopping cart at his local Shop 'n Save. Assume that the marginal utility per dollar of the liter bottles of soft drink in Marv's cart equals 50. The marginal utility per dollar of the boxes of cereal in Marv's cart equals 20. Marv has only $50 to spend, but has not yet paid for his groceries. How can Marv increase his total utility without spending more than $50?


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Marv should buy more boxes of cereal and fewer bottles of soft drink.


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Marv should buy fewer boxes of cereal and more bottles of soft drink.


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Marv should buy fewer boxes of cereal and fewer bottles of soft drink. He can then spend more on other items.


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Marv should substitute his favorite soft drink or the cereal in his cart for generic brands that have lower prices.

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Marked as best answer by cnetterville on Oct 7, 2019

ebe

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Reply #1 on: Oct 7, 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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cnetterville

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Reply #2 on: Oct 7, 2019
TY


ebe

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Reply #3 on: Oct 7, 2019
You're welcome


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