Engineering, 14.02.2020 22:02, shannonderemer

Leonid consumes bundles of food and transportation. His utility from bundle (10,10) has a value of 4. If for Leonid more is better, then among the following options, which can be the value of utility of bundle (20,20)?

a. 3

b. 2

c. 1000

d. 1

e. 0

Answers: 3

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Leonid consumes bundles of food and transportation. His utility from bundle (10,10) has a value of 4...