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If the Ratio of the Marginal Utility of Bread to the Marginal

Question 46

Multiple Choice

If the ratio of the marginal utility of bread to the marginal utility of butter is 2,Brad can increase his welfare by consuming


A) more bread.
B) more bread and butter.
C) more butter only.
D) less bread.
E) more bread only if the price of bread is less than twice the price of butter.

Correct Answer:

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