Multiple Choice
Suppose that Misty likes pizza and hotdogs. If her marginal utility per dollar from pizza is 6 and from hotdogs is 5, Misty
A) could increase her total utility by buying more pizza and fewer hotdogs.
B) is maximising her marginal utility.
C) must obtain more income in order to reach her consumer equilibrium.
D) is maximising her total utility.
E) could increase her total utility by buying more hotdogs and less pizza.
Correct Answer:
Verified
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