Business
Business, 15.02.2022 15:20, sophiat17

Assume that an individual consumes only hotdogs and colas and that the last hotdog consumed yields 15 utils and the last cola 10 utils. If the price of a hotdog is $1 and the price of a cola is $.50, we can conclude that the: Group of answer choices consumer should consume fewer hotdogs and more cola. price of hotdogs is too high. consumer is in equilibrium. consumer should consume more hotdogs and less cola.

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Assume that an individual consumes only hotdogs and colas and that the last hotdog consumed yields 1...

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