Rohan's current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming c
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Rohan's current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming c
Rohan's current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming cashews is 200 utils per ounce. If peanuts cost $0.05 per ounce and cashews cost $0.25 per ounce, is Rohan maximizing his total utility from the kinds of nuts? Instructions: Enter your responses as whole numbers. At the current level of peanut consumption, Rohan receives: utils per dollar. At the current level of cashew consumption, Rohan receives: utils per dollar. Therefore, Rohan (Click to select)aximizing his total utility because MUp/Ppis [(Click to select) MUP is is not
Rohan's current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming cashews is 200 utils per ounce. If peanuts cost $0.05 per ounce and cashews cost $0.25 per ounce, is Rohan maximizing his total utility from the kinds of nuts? Instructions: Enter your responses as whole numbers. At the current level of peanut consumption, Rohan receives: utils per dollar. At the current level of cashew consumption, Rohan receives: utils per dollar. Therefore, Rohan [(Click to select) maximizing his total utility because MUp/Pp (Click to set udPo not equal to equal to