The following table shows the amounts of additional satisfaction (marginal utility) that Ross would get from consuming su quantities of products A and B. a. Fill in the MU/P column for each product. nstructions: Enter your answers rounded to one decimal place. Price of Good A = $8 Price of Good B = $4 Units of MU of Good A, Units of Good B MU of Good B, MU/P for A MU/P for B Good A utils utils 64 8 1 40 4 56 8 2 36 4 3 48 3 32 4 4 40 8 4 28 4 32 8 24 4 6. 24 8 6 20 4 7 16 8 7 16 4
The following table shows the amounts of additional satisfaction (marginal utility) that Ross would get from consuming su quantities of products A and B. a. Fill in the MU/P column for each product. nstructions: Enter your answers rounded to one decimal place. Price of Good A = $8 Price of Good B = $4 Units of MU of Good A, Units of Good B MU of Good B, MU/P for A MU/P for B Good A utils utils 64 8 1 40 4 56 8 2 36 4 3 48 3 32 4 4 40 8 4 28 4 32 8 24 4 6. 24 8 6 20 4 7 16 8 7 16 4
Chapter21: Demand: Consumer Choic
Section: Chapter Questions
Problem 1E
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