Juan spends all of his income on baseball cards and candy.At his current consumption bundle, the marginal utility of baseball cards is 20 and the marginal utility of candy is 10.If the price of baseball cards is $10, and the price of candy is $2,
A.Juan should increase his consumption of baseball cards and decrease his consumption of candy.
B.Juan should increase his consumption of candy and decrease his consumption of baseball cards.
C.Juan is maximizing his utility, and he should continue to consume the current bundle.
D.Juan should consume equal amounts of baseball cards and candy.

Question

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The Answer of Juan spends all of his income on baseball cards and candy.At his current consumption bundle, the marginal utility of baseball cards is 20 and the marginal utility of candy is 10.If the price of baseball cards is $10, and the price of candy is $2,
A.Juan should increase his consumption of baseball cards and decrease his consumption of candy.
B.Juan should increase his consumption of candy and decrease his consumption of baseball cards.
C.Juan is maximizing his utility, and he should continue to consume the current bundle.
D.Juan should consume equal amounts of baseball cards and candy.

Juan Spends All of His Income on Baseball Cards and Candy.At