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If, at the current price, there is a surplus of a good, then:For the above person's preferences which of the following consumption bundles maximizes their
If, at the current price, there is a surplus of a good, then:For the above person's preferences which of the following consumption bundles maximizes their utility, given their limited budget of $12. Assume the price of a burger is $4, and the price of shake is $2. Question 17 options: A) 0 burgers 6 shakes B) 2 burgers 2 shakes C) 1 burger 4 shakes D) 3 burgers 0 shake
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