A consumer makes purchases of an existing product X such that the marginal utility is 20 and the price is $4. The consumer also tries a new product Y and at the current level of consumption it has a marginal utility of 12 and a price of $2. What does the utility-maximizing rule suggest that this consumer should do?
hi i’m a student too and i’ve had this app downalodes for a few weeks people do answer it you just gotta be patient and what is your question + subject i’ll you?
disadvantages of leasing a vehicle: no vehicle equity and mileage limitations
disadvantages of purchasing a vehicle: large down payment and vehicle depreciation
answer; competency based pay;