Computing marginal utility of the last unit of apples

Reference no: EM131789573

Question: The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is 8. What set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium?

A. $4 and $6

B. $6 and $4

C. $8 and $12

D. $16 and $9

Reference no: EM131789573

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