If Sam's utility from one apple is 10 and his utility from one coffee is 20,...
If Sam's utility from one apple is 10 and his utility from one coffee is 20, and Sharon's utility from one apple is 30 and her utility from one coffee is 40. Which of the following is true?
Question 16 options:
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Compared to Sam, Sharon likes apple more. |
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Two apples always makes Sam as happy as one coffee. |
|
|
If Sam has an apple and Sharon has a coffee, they would like to trade with each other. |
|
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None of the above |
Homework Answers
"A"
Compared to Sam Sharon like the apples more because she is getting a higher utility from it, the answer is "A".
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If Sam's utility from one apple is 10 and his utility from one
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