10 chocolate bars 8 9 4 2 0 0 3 6 9 avocados 12 12 15 Refer to the figure above, which shows Nikita's budget constraint for avocados and chocolate bars along with one of his indifference curves. At Nikita's optimal consumption bundle (which is not explicitly labeled in the figure), his marginal utility from consuming an avocado is 24 utils. This means his marginal utility from consuming another chocolate bar must be 12 utils 16 utils 36 utils none of the above
10 chocolate bars 8 9 4 2 0 0 3 6 9 avocados 12 12 15 Refer to the figure above, which shows Nikita's budget constraint for avocados and chocolate bars along with one of his indifference curves. At Nikita's optimal consumption bundle (which is not explicitly labeled in the figure), his marginal utility from consuming an avocado is 24 utils. This means his marginal utility from consuming another chocolate bar must be 12 utils 16 utils 36 utils none of the above
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:10
chocolate bars
8
9
4
2
0
0
3
6
9
avocados
12
12
15
Refer to the figure above, which shows Nikita's budget constraint for avocados
and chocolate bars along with one of his indifference curves. At Nikita's optimal
consumption bundle (which is not explicitly labeled in the figure), his marginal
utility from consuming an avocado is 24 utils. This means his marginal utility
from consuming another chocolate bar must be
12 utils
16 utils
36 utils
none of the above
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