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The price of apples is $1, and John gains marginal utility from his 2nd apple equal to 12 units. Organic strawberries are $4 per pack
The price of apples is $1, and John gains marginal utility from his 2nd apple equal to 12 units. Organic strawberries are $4 per pack and John gains marginal utility from his 1st pack of organic strawberries equal to 20 units. If John is a rational consumer who is constrained by his budget, which item should he buy? Group of answer choices Organic strawberries because they have higher value.. Apples because they are cheaper. Organic strawberries because they give higher utility. Apples because they give higher utility per dollar
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