Question
In may and june, Mary spent all her clothing budget on bathing suits and beach bags. Each bathing suit cost $77. At Mary's optimal choice,
In may and june, Mary spent all her clothing budget on bathing suits and beach bags. Each bathing suit cost $77. At Mary's optimal choice, her marginal utility from the last bathing suit purchased is 338 and her marginal utility from the last beach bag purchased is 227. This means that each handbag must cost? round to two decimals
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
