Multiple Choice
Podrick enjoys consuming sandwiches (S) and juice boxes (J) . Suppose that Podrick has $20 in his budget, the price of a sandwich is $4, and the price of a juice box is $2. If Podrick spends all of his $20 budget and has maximized his utility, which of the following must be true?
A) The marginal utility of a sandwich is equal to the marginal utility of a juice box.
B) The marginal utility of a sandwich is twice the marginal utility of a juice box.
C) The marginal utility of a sandwich is four times the marginal utility of a juice box.
D) The marginal utility of a sandwich is half of the marginal utility of a juice box.
Correct Answer:

Verified
Correct Answer:
Verified
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