subject
Mathematics, 13.11.2019 17:31 cmflores3245

Latoya is buying corn chips and soda. she has 4 bags of corn chips and 5 bottles of soda in her shopping cart. the marginal utility of the fourth bag of corn chips is 10, and the marginal utility of the fifth bottle of soda is also 10. is latoya maximizing utility? a. no. she is maximizing marginal utility but not total utility. b. this cannot be determined because we do not know the price of corn chips and soda and whether or not she fully spent her budget allocated to corn chips and soda. c. yes. she is maximizing utility. d. no. she is not maximizing marginal utility.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
What is the value of x in the diagram below?
Answers: 2
question
Mathematics, 21.06.2019 18:00
What is the value of x in the equation 2(x-4) = 4(2x + 1)?
Answers: 1
question
Mathematics, 21.06.2019 21:00
Julie buys 2kg of apples and 7kg of pears ? 12.70. the pears cost ? 1.30 per kilogram what is the price per kilogram of the apples? show your working out
Answers: 2
question
Mathematics, 21.06.2019 21:20
Do you mind if you guys me with this question i’m on number 8
Answers: 1
You know the right answer?
Latoya is buying corn chips and soda. she has 4 bags of corn chips and 5 bottles of soda in her shop...
Questions
question
Geography, 21.08.2019 21:00
question
Chemistry, 21.08.2019 21:00
Questions on the website: 13722360