Abby's marginal utility per dollar spent on bananas is 15 and her marginal utility per dőllar spent on öranges is T0, how should she spend her income? She should purchase fewer oranges and more bananas. She should purchase an equal amount of oranges and bananas. She should purchase more oranges 'and fewer bananas.

Abby's marginal utility per dollar spent on bananas is 15 and her marginal utility per dőllar spent on öranges is T0, how should she spend her income? She should purchase fewer oranges and more bananas. She should purchase an equal amount of oranges and bananas. She should purchase more oranges 'and fewer bananas.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter21: Demand: Consumer Choic

Section: Chapter Questions

Problem 10E

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