
After getting an A on your economics exam, you decide to go to your favorite Mexican restaurant to celebrate.You are having trouble deciding whether to order the chipotle chicken chimichanga or the cilantro seafood enchiladas.Use the rule of equal marginal utility per dollar to determine which one to purchase: (a)the chimichanga for $8 which gives you 120 units of utility, or (b)the enchiladas for $15 which gives you 195 units of utility? Assume your budget is large enough to purchase either item.
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Q99: Table 10-7 Q100: Which of the following describes the substitution Q101: You wish to buy only one CD.Use Q102: To maximize utility consumers should buy goods
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