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 1 (16.46 KiB) Viewed 12 times

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 MUD/Pp is (Click to select) Mude