EQ

1
EQ 6 AGEC 105 February 11, 2009
1. The budget for this consumer is 48. List two
true statements concerning this
diagram (a) (b) 2. The marginal utility
of Dr. Pepper is the same as the marginal utility
of Pepsi. Suppose the prices of Dr. Pepper is
2/glass. In order for a rational consumer to
buy more glasses of Pepsi than Dr. Pepper, the
price of Pepsi must be (a) equal to 2 (c)
less than 2 (b) greater than 2 (d) cant
say insufficient information