Business, 12.03.2020 22:04 daynafish13

Is Ginny currently maximizing her utility? No; she could buy less salsa and more guacamole, not spend any more money, and be better off. No; she likes salsa and guacamole more than other goods, so she should buy more of both. No; she could buy more salsa and less guacamole, not spend any more money, and be better off. Yes; the marginal utility she receives from her last jar of guacamole equals that of her last jar of salsa. For each of the following combinations of guacamole and salsa, calculate the marginal utility per dollar from the last jar of guacamole and the last jar of salsa. Then, use the dropdown menus in the last column to indicate which of the combinations satisfy the condition for consumer equilibrium. Combination Guacamole Salsa Consumer Equilibrium? (Jars per Month) MUGPGMUGPG (Jars per Month) MUSPSMUSPS A 100 100 B 75 50 C 125 100 D 25 25 Suppose Ginny has a "snack budget" of $395 per month, which she spends on guacamole and salsa. To maximize her utility, Ginny will purchasejars of guacamole andjars of salsa per month.

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Is Ginny currently maximizing her utility? No; she could buy less salsa and more guacamole, not spen...