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If MU A/ Pₐ = 20/$3 = MU B/ Pᵦ

Question 300

Multiple Choice

If MU a/ Pₐ = 20/$3 = MU b/ Pᵦ = 70/? = MU c/ Pc = 100/?, the prices of products B and C in consumer equilibrium


A) cannot be determined from the information given.
B) are $10.5 and $15, respectively.
C) are $12 and $20, respectively.
D) are $15 and $10.5, respectively.

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