Multiple Choice
If the marginal utility of an extra hamburger is 8 utils,the marginal utility of a soft drink is 5 utils,the price of a hamburger is $1,and the price of a soft drink is 50 cents,then the consumer can achieve equilibrium when:
A) she buys more hamburgers.
B) she buys more soft drinks.
C) the price of soft drinks increases.
D) the price of hamburgers decreases.
Correct Answer:
Verified
Correct Answer:
Verified
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