-uppose John is currently at point A on the indifference curve to the right. If he moves to point B, nen A. the level of utility remains constant because the marginal utility of pizza increases and the marginal utility of Pepsi decreases. OB. the level of utility increases because the marginal utility of pizza increases. C. the level of utility remains constant because the marginal utility of pizza decreases and the marginal utility of Pepsi increases. OD. the level of utility decreases because the marginal utility of Pepsi decreases.
-uppose John is currently at point A on the indifference curve to the right. If he moves to point B, nen A. the level of utility remains constant because the marginal utility of pizza increases and the marginal utility of Pepsi decreases. OB. the level of utility increases because the marginal utility of pizza increases. C. the level of utility remains constant because the marginal utility of pizza decreases and the marginal utility of Pepsi increases. OD. the level of utility decreases because the marginal utility of Pepsi decreases.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 3SQP
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Transcribed Image Text:-uppose John is currently at point A on the indifference curve to the right. If he moves to point B,
en
A. the level of utility remains constant because the marginal utility of pizza increases and the
marginal utility of Pepsi decreases.
OB. the level of utility increases because the marginal utility of pizza increases.
OC. the level of utility remains constant because the marginal utility of pizza decreases and the
marginal utility of Pepsi increases.
OD. the level of utility decreases because the marginal utility of Pepsi decreases.
Pepsi (bottles per week)
B
Pizza (slices per week)
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