Question
Zara has to choose between steak and chicken for lunch. She wants to get the most bang for her buck. The steak will give her
Zara has to choose between steak and chicken for lunch. She wants to get the most "bang for her buck".
The steak will give her a marginal utility of MU = 45. The steak has a price of $15.
The chicken will give her a marginal utility of MU = 25. The chicken has a price of $5.
Zara will choose ____________ for lunch.
Group of answer choices
steak
chicken
neither - she'll just skip lunch and be hungry today
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Slavery And American Economic Development
Authors: Gavin Wright
1st Edition
0807152285, 9780807152287
