Business, 02.11.2019 06:31, jaymoore9542

Suppose bundle a contains 5 cds and 5 dvds and bundle b contains 2 cds and 6 dvds. if a consumer is able to rank different combinations of goods and services in terms of how much utility they provide, then
a) the consumer will prefer bundle b to bundle.
b) the consumer will prefer bundle a to bundle.
c) the consumer will be indifferent between bundle a and bundle b.
d) both a and b are possible.
e) a, b, and c are possible.

Answers: 3

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Suppose bundle a contains 5 cds and 5 dvds and bundle b contains 2 cds and 6 dvds. if a consumer is...