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 shouldExplanation / Answer
D. increase his spending on cola and decrease his spending onshirts.
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