Figure 7.4
The above figure represents the marginal utility per dollar for candy bars and oranges for Sophia. The price of each product is $0.50, and Sophia has a budget of $4.Refer to Figure 7.4. If Sophia bases her choice on cognition, she will maximize utility at a marginal utility per dollar of ________ utils for candy bars and ________ utils for oranges.
A. 5; 11
B. 11; 5
C. 5; 5
D. 11; 11
Answer: C
Economics
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