Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 5

Refer to Table 11W.1 and suppose the price of new product C is $2 instead of $4. How does this affect the optimal combination of products A, B, and C for the person represented by the data Explain: "The success of a new product depends not only on its marginal utility but also on its price."