ellathmas ellathmas

13-10-2022
Business

Answered

Assume that for a given consumer, the marginal utility of 7-Up is 160 and the price of 7-Up is $2. Also, assume that the marginal utility of Coca-Cola is 200 and the price of Coca-
Cola is $3. This consumer
O Is in equilibrium.
O Should buy more 7-Up
Should buy more Coca-Cola.
Should buy more of both products.

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