Business, 21.11.2019 02:31 ytopete13p15c8p

Martha's current marginal utility from consuming orange juice is 100 utils per ounce and her marginal utility from consuming coffee is 50 utils per ounce. if orange juice costs $0.25 per ounce and coffee costs $0.20 per ounce, is martha maximizing her total utility from the two beverages? at her current level of consumption, martha receives: utils per dollar spent on orange juice. at her current level of consumption martha receives: utils per dollar spent on coffee. therefore martha maximizing her total utility because muoj/poj is muc/pc.

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Martha's current marginal utility from consuming orange juice is 100 utils per ounce and her margina...

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