Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Only anwser if you are 100% sure 1. If Mr. Smith thinks the last dollarspent on

ID: 1230334 • Letter: O

Question

Only anwser if you are 100% sure 1.   If Mr. Smith thinks the last dollarspent on shirts yields less satisfaction than the last dollar spenton cola, and Smith is a utility-maximizing consumer, he should A.   decrease his spending on cola. B.   decrease his spending on cola andincrease his spending on shirts. C.   increase his spending on shirts. D.   increase his spending on cola anddecrease his spending on shirts. Only anwser if you are 100% sure 1.   If Mr. Smith thinks the last dollarspent on shirts yields less satisfaction than the last dollar spenton cola, and Smith is a utility-maximizing consumer, he should A.   decrease his spending on cola. B.   decrease his spending on cola andincrease his spending on shirts. C.   increase his spending on shirts. D.   increase his spending on cola anddecrease his spending on shirts. 1.   If Mr. Smith thinks the last dollarspent on shirts yields less satisfaction than the last dollar spenton cola, and Smith is a utility-maximizing consumer, he should

Explanation / Answer

D. increase his spending on cola and decrease his spending onshirts.