Question
. Alen spends all his weekly income on baseball cards and candy. At his current consumption choice, the marginal utility of candy is 30 units
. Alen spends all his weekly income on baseball cards and candy. At his current consumption choice, the marginal utility of candy is 30 units of utility and the marginal utility of baseball cards is 20 units of utility. If the price of candy is $3, and the price of baseball cards is $1:
A) Alen can increase his total utility if he increases his consumption of baseball cards and decreases his consumption of candy.
B) Alen can increase his total utility if he increases his consumption of candy and decreases his consumption of baseball cards.
C) Alen is maximizing his utility, and he should continue to make his current choice.
D) none of the above
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