Multiple Choice
Dan is consuming coffee and bagels so that /
= 15 and
/
= 9.Using the equimarginal rule,Richard should:
A) continue to consume the same amount of coffee and bagels,as he is already maximizing utility.
B) consume less of both coffee and bagels.
C) consume more coffee and less bagels.
D) consume less coffee and more bagels.
Correct Answer:
Verified
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