If a Consumer Purchases a Combination of Coffee and Football

question 190

Essay

If a consumer purchases a combination of coffee and football tickets such that MUCoffee/PCoffee = 20 and
MUFootball tickets/PFootball tickets = 10, to maximize utility, the consumer should buy:
A.less coffee and more football tickets.
B.more coffee and fewer football tickets.
C.more coffee and more football tickets
D.less coffee and fewer football tickets.

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Definitions:

Bram Stoker

Bram Stoker was an Irish author, best known for writing the classic horror novel "Dracula," published in 1897.

Dracula

A fictional vampire character created by Bram Stoker, often associated with the historical figure Vlad the Impaler.

Tickets

Passes or slips of paper that entitle the holder to admission to an event, travel on public transport, or some other service.

November

The eleventh month of the Gregorian calendar year, following October and preceding December.