Multiple Choice
Sub sandwiches Mountain Dew
-The above table gives Sue's marginal utility schedules for sub sandwiches and Mountain Dew, the only products Sue consumes. Suppose initially the price of a sub sandwich is $4 each and the price of a Mountain Dew is $2 each. Sue's income is $12. If the price of subs rises to $6 each, Sue will consume
A) more Mountain Dews.
B) fewer subs.
C) fewer Mountain Dews so that she can still afford to buy two subs.
D) Both answers A and B are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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