Assuming Max and Bob have identical​ preferences, identical​ incomes, and the​ after-tax price of​ e-books is higher in Germany than in the U.S. and the​ after-tax price of printed books is higher in the U.S. than in Germany A. we cannot state with certainty anything about the quantity of​ e-books and printed books that Max and Bob will buy. B. we can state with certainty that Max will buy the same quantity of​ e-books and printed books as Bob. C. we can state with certainty that Max will buy relatively fewer​ e-books and more printed books than Bob. D. we can state with certainty that Max will buy more​ e-books and more printed books than Bob. E. we can state with certainty that Max will only buy printed books and Bob will only buy​ e-books.   Note:-

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Chapter4: Utility Maximization And Choice
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Assuming Max and Bob have identical​ preferences, identical​ incomes, and the​ after-tax price of​ e-books is higher in Germany than in the U.S. and the​ after-tax price of printed books is higher in the U.S. than in Germany

A. we cannot state with certainty anything about the quantity of​ e-books and printed books that Max and Bob will buy.

B. we can state with certainty that Max will buy the same quantity of​ e-books and printed books as Bob.

C. we can state with certainty that Max will buy relatively fewer​ e-books and more printed books than Bob.

D. we can state with certainty that Max will buy more​ e-books and more printed books than Bob. E. we can state with certainty that Max will only buy printed books and Bob will only buy​ e-books.

 

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