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Sign in MindTap - Cengage Learning x https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentld = 5813538219621591114194498&elSBN -978133... CENGAGE I MINDTAP Homework: Consumer Choice: Maximizing Utility and Behavioral Economics (Ch 20) Is Hilary currently maximizing her utility? cD e Q Search this course O O O O No; she likes coffee and soda more than other goods, so she should buy more of both. Yes; the marginal utility she receives from her last can of soda equals that of her last cup of coffee. No; she could buy less coffee and more soda, No; she could buy more coffee and less soda, not spend any more money, and be better off. not spend any more money, and be better off. 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 (Cans per Month) 100 75 125 25 MUS Combination c D Coffee (Cups per Month) 100 so 100 25 MUC Pc Consumer Equilibrium? Suppose Hilary has a "caffeine budget" of $395 per month, which she spends on soda and coffee. To maximize her utility, Hilary will purchase cans of soda and cups of coffee per month. Grade It Now Save & Continue Continue without saving A-Z 9:54 PM

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