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See the table. Mike has $18 to spend on 2 goods. The price of soup is $2 per cup and the price of a sandwich
See the table. Mike has $18 to spend on 2 goods. The price of soup is $2 per cup and the price of a sandwich is $3. If he maximizes his utility, he should buy? A) 1 cup of soup and 5 sandwiches B) 3 cups of soup and 4 sandwiches C) 6 cups of soup and 2 sandwiches D) 4 cups of soup and 3.5 sandwiches
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Macroeconomics
Authors: Charles I. Jones
4th Edition
393603767, 393603768, 9780393616125 , 978-0393603767
