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Economics - Financial Markets
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OpenStudy (anonymous):
Rob spends all his income on mangos and bananas. Mangos cost $3 per pound and bananas cost $1 per pound. The marginal utility is 24 for the last pound of mangos purchased and 10 for the last pound of bananas. To maximise his utility, Rob should buy: A. the present combo of goods B. more mangos and less bananas C. only mangos D.more bananas and fewer mangos PLEASE HELP! Thanks!
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