Business, 20.02.2020 23:50, reneebrown017

Joseph is consuming three units of pizza and two units of soda. The price of pizza is $5 and the price of soda is $1. If he is consuming the optimal consumption bundle and his marginal utility of the third unit of pizza is 50, his marginal utility of the second soda is:
A. 50.
B. 5.C. impossible to determine unless you know Joseph's income.
D. 10.

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Joseph is consuming three units of pizza and two units of soda. The price of pizza is $5 and the pri...