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Part I For a particular consumer, the marginal utility of cookies equals the marginal utility of candy. If the price of a cookie is less

Part I

For a particular consumer, the marginal utility of cookies equals the marginal utility of candy. If the price of a cookie is less than the price of candy, is the consumer in equilibrium? Why or why not? If not, what should the consumer do to attain equilibrium?

Part II

Is it possible for marginal utility to be negative while total utility is positive? If yes, under what circumstances is it possible?

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