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James has a simple life. He buys only gasoline and pizza with an income of $750 per month. He is currently purchasing 100 gallons of
James has a simple life. He buys only gasoline and pizza with an income of $750 per month. He is currently purchasing 100 gallons of gasoline at $3.50 a gallon and 25 pizzas at $16 each. The marginal utility of the last gallon of gasoline is 105 and the marginal utility of the last pizza is 320. What should James do? Explain
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Cambridge International AS And A Level Economics Coursebook
Authors: Colin Bamford, Susan Grant
3rd Edition
1107679516, 978-1107679511
