Pinkiepie1330 Pinkiepie1330
  • 19-04-2024
  • Business
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Suppose the marginal utility (MU) of a paperback book is 60 and each book costs $10, while the MU of a hamburger is 50 and each costs $7.50. If you consume one book and buy one hamburger per week, are you maximizing your utility?
a) Yes
b) No
c) Not enough information
d) None of the above

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