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Mathematics, 18.02.2020 19:20 dannyhouseman55

Assume that strawberries cost $1 and apples cost $2. If a consumer has $16, the bundle of goods that would maximize his utility per dollar and remain within his budget would be a. 2 strawberries and 7 apples. b. 6 strawberries and 5 apples. c. 4 strawberries and 6 apples. d. 4 strawberries and 2 apples. e. 7 strawberries and 7 apples.

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Assume that strawberries cost $1 and apples cost $2. If a consumer has $16, the bundle of goods that...

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