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Assume That the Ratio of the Marginal Utility of Bread

Question 88

Multiple Choice

Assume that the ratio of the marginal utility of bread to the marginal utility of butter is 2,and that the price of bread is equal to the price of butter.Brad can increase his welfare by consuming


A) more bread only.
B) more bread and more butter.
C) more butter only.
D) less bread.
E) more bread and less butter.

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