Multiple Choice
Advise Sarah how to maximize her utility if MUA = 8, MUB = 20, PA = 4 and PB = 5.
A) Consume equal amounts of both goods.
B) Consume more of good A and less of good B.
C) Consume more of good B and less of good A.
D) Lower the price of good B.
E) Raise the price of good A.
Correct Answer:
Verified
Correct Answer:
Verified
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