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Mr. Schultz is exhausting his money income by buying beer and bags of pretzels in such amounts that the marginal utility of the last bottle

Mr. Schultz is exhausting his money income by buying beer and bags of pretzels in such amounts that the marginal utility of the last bottle is 60 utils and the marginal utility of the last bag is 40 utils. The prices of beer and pretzels are 60 cents per bottle and 40 cents per bag. What adjustments should Mr. Shultz make to increase his total utility? Please Explain.


 

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