Multiple Choice
A utility maximizing person gets marginal utility from consuming their last orange and apple of 5 and 10 respectively.If apples cost 90 cents a piece,the oranges must cost
A) $0.45 a piece.
B) $0.90 a piece.
C) $1.80 a piece.
D) $2.70 a piece.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Goods X and Y<br><br>For the following questions,
Q4: Goods X and Y<br><br>For the following questions,
Q5: If the consumer's income doubles,then his optimal
Q6: Goods X and Y<br><br>For the following questions,
Q7: Suppose the consumer's indifference curves are concave
Q9: Goods X and Y<br><br>For the following questions,
Q10: There are an infinite number of choices
Q11: If the indifference curve is not tangent
Q12: Facing choices between beer and pizza,the number
Q13: If the consumer's income and all prices