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GoldRush18
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shauna spends all her income on two(2) products, soda and banana chips. The marginal utility for the last unit of soda is 50 utils and that of chips is 40 utils. The price of soda is $20 and the price per unit of banana chips is $10.
a) Is shauna currently maximizing her utility? explain
b) What should shauna do to maximize her utility?
 one year ago
 one year ago
GoldRush18 Group Title
shauna spends all her income on two(2) products, soda and banana chips. The marginal utility for the last unit of soda is 50 utils and that of chips is 40 utils. The price of soda is $20 and the price per unit of banana chips is $10. a) Is shauna currently maximizing her utility? explain b) What should shauna do to maximize her utility?
 one year ago
 one year ago

This Question is Closed

Edutopia Group TitleBest ResponseYou've already chosen the best response.0
is this price per unit for soda also?
 one year ago

GoldRush18 Group TitleBest ResponseYou've already chosen the best response.0
which price?
 one year ago
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