In Virginia, People Buy More Strawberries in May Than in December

question 289

Multiple Choice

In Virginia, people buy more strawberries in May than in December. Which explanation for this is consistent with utility theory?

• A) The demand for strawberries is stronger in May than in December.
• B) The lower price in May, due to seasonal production, leads to higher MU/P in May than in December.
• C) The lower price in May, due to seasonal production, makes the marginal utility rise for the month of May.
• D) People enjoy strawberries more when the weather is warm than they do when the weather is colder.

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