If one consumer's ratio of marginal utility/ price of orange is greater than that for apples, he is buying too many apples relative to orange to maximize his satisfaction. * O False O True
If one consumer's ratio of marginal utility/ price of orange is greater than that for apples, he is buying too many apples relative to orange to maximize his satisfaction. * O False O True
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Answer it correctly with proper explanation. Zero plagiarised answer please.
![If one consumer's ratio of marginal utility/
price of orange is greater than that for
apples, he is buying too many apples
relative to orange to maximize his
satisfaction.*
O False
O True](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3d2246e8-ed7f-4b9b-b1d1-251c079bac4d%2F419ac58d-1244-4273-89f5-76c924d53300%2Fd4x4dpo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:If one consumer's ratio of marginal utility/
price of orange is greater than that for
apples, he is buying too many apples
relative to orange to maximize his
satisfaction.*
O False
O True
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