Business
Business, 23.04.2021 15:50, crosales102

Dina lives in Dallas and loves to eat desserts. She spends her entire weekly allowance on jello and pie. A bowl of jello is priced at $1.00, and a piece of pumpkin pie is priced at $4.00. At her current consumption point, Dina's marginal rate of substitution (MRS) of jello for pie is 4. This means that Dina is willing to trade four bowls of jello per week for one piece of pie per week. Does Dina's current bundle maximize his utility?

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Dina lives in Dallas and loves to eat desserts. She spends her entire weekly allowance on jello and...

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