Multiple Choice
Fran runs a doughnut shop in a tiny 3-person town.Fran's rational consumers have the following demand schedules:
From the data you can assume that Betty
A) thinks that doughnuts are an inferior good.
B) would get more marginal utility from her first doughnut than anything else that she buys for 50 cents.
C) would get less marginal utility from her first doughnut than anything else that she buys for 50 cents.
D) is not a rational consumer.
Correct Answer:

Verified
Correct Answer:
Verified
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