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Author Question: Table 10-3Ice Cream ConesLime Fizz SodaQuantityMUMU13040225353202641518510156 5 7Refer to Table ... (Read 101 times)

yoooooman

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on: Oct 7, 2019

Table 10-3

​Ice Cream ConesLime Fizz Soda
QuantityMUMU
13040
22535
32026
41518
51015
6  5  7

Refer to Table 10-3. The table above shows Lee's marginal utility from consuming ice cream cones and cans of Lime Fizz Soda. Select the phrase that completes the following statement. "We can determine the number of ice cream cones and cans of Lime Fizz Soda Lee should consume to maximize his utility


◦

if we know what Lee's income is and the price of an ice cream cone and the price of a can of Lime Fizz Soda."


◦

by adding up the marginal utilities for ice cream cones and Lime Fizz Soda."


◦

if we know the values of the marginal utility per dollar for ice cream cones and Lime Fizz Soda."


◦

if we know what Lee's income is."

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Marked as best answer by yoooooman on Oct 7, 2019

Missbam101

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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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yoooooman

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Reply #2 on: Oct 7, 2019
Thanks


Missbam101

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Reply #3 on: Oct 7, 2019
Welcome :)


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