At a consumer optimum involving goods A and B, the marginal utility of good A is five times the marginal utility of good B.
Part 2
The price of good B is $2.50
.
The price of good A is
Part 3
A.
$12.50
.
B.
$5
.00.
C.
$10.00
.
D.
There is not enough information.
1 answer
There is not enough information given to determine the price of good A.