Table 7.6 -Refer to Table 7.6.Pete Has $10 to Spend.He Buys Four

question 111

Multiple Choice

Table 7.6
-Refer to Table 7.6.Pete has $10 to spend.He buys four cookies and three candies.Using the equimarginal rule,which of the following is true?

• A) Pete is maximizing his utility.
• B) Pete is not spending the entire $10.
• C) Pete could make himself better off by buying less candy and more cookies.
• D) Pete could make himself better off by buying less cookies and more candy.

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