Brandy spends her entire weekly budget of $20 on soda and pizza. A can of soda and

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Brandy spends her entire weekly budget of $20 on soda and pizza. A can of soda and a slice of pizza are priced at $1 and $2, respectively. Brandy’s marginal utility from soda and pizza consumption is 6 utils and 4 utils, respectively. What advice could you give Brandy to help her increase her overall satisfaction from the consumption of soda and pizza? What will happen to the marginal utility per dollar from soda consumption if Brandy follows your advice? What will happen to the marginal utility per dollar from pizza consumption?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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