Friday
May 29, 2015

Homework Help: microeconomic

Posted by snizhanna on Sunday, March 11, 2012 at 11:18am.

Suppose you consume three pounds of beef and five pounds of pork per month. The price of beef is $ 1.50 per pound, and pork is $ 2.00 per pound. Assuming you have studied economics and achieved consumer equilibrium, what is the ratio of the marginal utility of beef to the marginal utility of pork?
Answers:

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Members