Solved

(Figure: Coats and Sweaters II) Suppose That the Consumer Moves

Question 124

Multiple Choice

(Figure: Coats and Sweaters II) Suppose that the consumer moves from point A to point B along her indifference curve. If the marginal utility of winter coats is 25, the marginal utility of wool sweaters is: (Figure: Coats and Sweaters II)  Suppose that the consumer moves from point A to point B along her indifference curve. If the marginal utility of winter coats is 25, the marginal utility of wool sweaters is:   A)  12.5. B)  2. C)  16. D)  50.


A) 12.5.
B) 2.
C) 16.
D) 50.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions