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eBookItem 17 Suppose that Ms. Thomson is currently exhausting her money income by purchasing 10 units of A and 8 units of B at prices

eBookItem 17

Suppose that Ms. Thomson is currently exhausting her money income by purchasing 10 units of A and 8 units of B at prices of $3 and $9, respectively. The marginal utility of the last units of A and B are 15 and 18, respectively. These data suggest that Ms. Thomson

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has preferences that are at odds with the principle of diminishing marginal utility.
considers A and B to be complementary goods.
should buy less A and more B.
should buy less B and more A.

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