Question: week 4 apply quiz Answer the question on the basis of the following total utility data for products L and M. Assume that the prices

week 4 apply quiz

Answer the question on the basis of the following total utility data for products L and M. Assume that the prices of L and M are $3 and $4. respectively, and that the consumer's income is $18 Units of L Total Utility Units of M Total Utility How many units of the two products will the rational consumer purchase? Multiple Choice O 3 of L and none of M

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