Please see attachment and type out the correct step by step correct answer with proper explanation of it.within 40/50minutes.Will give upvote only for the correct answer.thank you. Gilberto's reservation prices for tubs of hummus are given below.Q (Tubs)1Answer:2341056Reservation Price($)282216141311Gilberto can also consume other foods which give him a constant marginal utility of 8.8 utils and cost $6.2. What is Gilberto's marginalutility from the 4th tub of hummus?

The consumer consumes only two goods, and reaches at equilibrium only if they allocate its income on…

Gilberto's reservation prices for tubs of hummus are given below. Q (Tubs) 1 2 3 Answer: 4 5 6 Reservation Price ($) 28 22 16 14 13 11 Gilberto can also consume other foods which give him a constant marginal utility of 8.8 utils and cost $6.2. What is Gilberto's marginal utility from the 4th tub of hummus?

Gilberto's reservation prices for tubs of hummus are given below. Q (Tubs) 1 2 3 Answer: 4 5 6 Reservation Price ($) 28 22 16 14 13 11 Gilberto can also consume other foods which give him a constant marginal utility of 8.8 utils and cost $6.2. What is Gilberto's marginal utility from the 4th tub of hummus?

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Consumer Choice Theory

Section: Chapter Questions

Problem 3SQ

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