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Business, 19.12.2019 02:31 getsic

Suppose that ms. thomson is currently exhausting her money income by purchasing 10 units of a and 8 units of b at prices of $2 and $4, respectively. the marginal utility of the last units of a and b are 16 and 24, respectively. these data suggest that ms. thomson:

a. has preferences that are at odds with the principle of diminishing marginal utility.
b. considers a and b to be complementary goods.
c. should buy less a and more b.
d. should buy less b and more a.

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