Glen and Ben both drink coffee and coke every day. Glen likes coffee a lot more than Ben and Ben likes coke more than Gl
Posted: Sun Jul 03, 2022 1:06 pm
Glen and Ben both drink coffee and coke every day. Glen likes coffee a lot more than Ben and Ben likes coke more than Glen. Coffee is $3 a cup and coke is $1 a can. Who is willing to give up more cans of coke to gain one more cup of coffee, assuming they both start at their respective utility maximizing bundles?