Multiple Choice
The marginal utility of the last unit of apples consumed is 10, and the marginal utility of the last unit of bananas consumed is 15. What set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium?
A) $3 and $2
B) $2 and $3
C) $15 and $10
D) $25 and $30
Correct Answer:
Verified
Correct Answer:
Verified
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