
-The price of a magazine is $2, the price of a novel is $5, and the consumer has $33. According to the above table, the rational consumer will purchase
A) 1 magazine and 2 novels.
B) 2 magazines and 3 novels.
C) 4 magazines and 5 novels.
D) 5 magazines and 6 novels.
Correct Answer:
Verified
Q195: Q196: Consumers usually buy fewer units of a Q197: The consumer optimum is defined as Q198: When the marginal utility per dollar of Q199: The price of a hotdog is $1, Q201: John is going to spend all of Q202: The price of a piece of pizza Q203: John is going to spend all of![]()
A) the
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