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Question Completion Status QUESTION 14 At the utility-maximizing equilibrium, a consumer receives three times more satisfaction from the last cup of coffee consumed than from
Question Completion Status QUESTION 14 At the utility-maximizing equilibrium, a consumer receives three times more satisfaction from the last cup of coffee consumed than from the last doughnut consumed. Which of the following must be true? The marginal utility per dollar for coffee is three times the marginal utility per dollar for doughnuts The Marginal utility per dollar for each cup of coffee is constant The price ratio of coffee to doughnuts is 3 The consumer is indifferent between 3 doughnuts and 1 cup of coffee The consumer will consume 3 doughnuts with each cup of coffee
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