Bianca purchases coffee (C), bagels (B) and juice (J). At her current levels of consumption, her MU_C = 10, MU_B = 15, and MU_J = 20. The price of coffee is $2, the price of bagels is $3, and the price of juice is $4. Is Bianca maximizing her utility? If so, why? If not, what must she do to move her consumption toward equilibrium?

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The Answer of Bianca purchases coffee (C), bagels (B) and juice (J). At her current levels of consumption, her MU_C = 10, MU_B = 15, and MU_J = 20. The price of coffee is $2, the price of bagels is $3, and the price of juice is $4. Is Bianca maximizing her utility? If so, why? If not, what must she do to move her consumption toward equilibrium?

Bianca Purchases Coffee (C), Bagels (B) and Juice (J)