tcarston6047 tcarston6047

02-11-2022
Business

Answered

todd is a cattle rancher. in june and july he spent his clothing budget on jeans and cowboy hats. each pair of jeans cost $50 and each hat cost $100. at todd's optimal choice, his marginal utility from the last pair of jeans purchased is 200. this means that his marginal utility from the last cowboy hat purchased is:

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