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Antonio enjoys consuming both soda and coffee. Each can of soda costs Py = $1, and each cup of coffee costs Po = $2. Suppose

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Antonio enjoys consuming both soda and coffee. Each can of soda costs Py = $1, and each cup of coffee costs Po = $2. Suppose that Antonio buys 300 cans of soda and 200 cups of coffee per year. The following graphs show his marginal utility curves for soda and coffee. At his current consumption level, Antonio's marginal utility from consuming the last can of soda he bought is MUs = 30 utils per can, and his marginal utility from consuming the last cup of coffee he bought is MUc = 30 utils per cup. 80 80 50 50 40 40 30 30 MU OF COFFEE (Utils per cup) MU OF SODA (Utils per can) 20 20 10 10 100 200 300 400 500 600 100 200 300 400 500 600 SODA (Cans) COFFEE (Cups)Is Antonio currently maximizing his utility? O No; he could buy more coffee and less soda, not spend any more money, and be better off. O Yes; the marginal utility he receives from his last can of soda equals that of his last cup of coffee. O No; he could buy less coffee and more soda, not spend any more money, and be better off. O No; he likes coffee and soda more than other goods, so he should buy more of both. For each of the following combinations of soda and coffee, calculate the marginal utility per dollar from the last can of soda and the last cup of coffee. Then, use the dropdown menus in the last column to indicate which of the combinations satisfy the condition for consumer equilibrium. Soda Coffee Combination (Cans) MUS (Cups) MUC PS Pc Consumer Equilibrium? A 200 100 B 400 200 C 300 300 D 500 400 Suppose Antonio has a caffeine budget of $1,300 per year, which he spends on soda and coffee. To maximize his utility, Antonio will purchase cans of soda and | cups of coffee per year

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