Multiple Choice
Sarah consumes only strawberries and cream, and she is spending all of her income. Her marginal utility of her last dish of strawberries is 200 and her marginal utility of her last pint of cream is 200. The price of strawberries is $1.00 per dish and the price of cream is $2.00 per pint. To maximize her utility, Sarah should
A) buy more strawberries and less cream.
B) buy more cream and less strawberries.
C) not change her purchases of strawberries and cream.
D) definitely buy no cream at her consumer equilibrium.
Correct Answer:

Verified
Correct Answer:
Verified
Q333: Patty spends $10 a week on bagels
Q334: The fact that the fourth plate from
Q335: Economists using marginal utility theory assume that
Q336: Keesha consumes only milkshakes and burgers. At
Q337: Suppose the price of soda is $2
Q339: When Frankie spends all his money in
Q340: The Denver Broncos is a football team
Q341: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Lisa spends all
Q342: Marginal utility theory predicts that a rise
Q343: George spends all his income on sandwiches