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Dan Is Consuming Coffee and Bagels So That MUc/Pc =

Question 10

Multiple Choice

Dan is consuming coffee and bagels so that MUc/Pc = 15 and MUb/Pb = 9.Using the equimarginal rule,Dan should


A) continue to consume the same amount of coffee and bagels, as he is already maximizing utility.
B) consume less of both coffee and bagels.
C) consume more coffee and less bagels.
D) consume less coffee and more bagels.

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