Joshua Consumes Pizza and Cola So That the Marginal Utility

question 70

True/False

Joshua consumes pizza and cola so that the marginal utility per dollarspent for the last piece of pizza consumed per week is 3 while themarginal utility per dollar spent for the last cola consumed is 1.5.Joshuashould spend more of his income on pizza and less on cola in order tomaximize utility.

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