Solved

At His Current Consumption Level Cameron Get 3 Times More

Question 64

Multiple Choice

At his current consumption level Cameron get 3 times more marginal utility from an additional game of pinball than from an additional game of ping pong.If the price of a ping pong game is $0.50,than he is maximizing utility if the price of a pinball game is


A) $1.00
B) $1.50
C) $2.00
D) $3.00

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions