Ask
your own question, for FREE!
Finance
12 Online
Marge buys 5 CDs and 7 DVDs. The marginal utility of the 5th CD and the marginal utility of the 7th DVD are both equal to 30 utils. Can we say that this is the optimal combination of CDs and DVDs for Marge? A. No. We need to know her preferences for CDs and DVDs. B. Yes. C. No. We need to know the prices of the CDs and DVDs. D. No. If this was the optimal combination, the marginal utility per dollar of the 5th CD and the 7th DVD would be equal.
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
VERNEISH:
Two objects are moving along separate linear paths where each path is described by position, d, and time, t.
Maci:
what are the best stock apps for people who want to start investing?
Twaylor:
genuienly how do i get better self control i keep watcing youtube and theres this
IzzyCookie:
|dw:1792074056138:dw| Uhm, I don't know where to ask this, but I'm in college welding at my community college, and I need help learning vertical welding for
thehearken:
not sure if this is considered spam, im sorry if it is, but does anyone have tips
6 hours ago
1 Reply
0 Medals
4 days ago
3 Replies
2 Medals
1 week ago
3 Replies
0 Medals
2 days ago
9 Replies
1 Medal
1 week ago
2 Replies
1 Medal