Every day ivan buys 2 cups of coffee and a sandwich for


Every day, Ivan buys 2 cups of coffee and a sandwich for lunch. The price of coffee is $2 per cup and the price of a sandwich is $5. Ivan’s choice of lunch maximizes his utility, and he spends only $9 on lunch. Compare Ivan’s marginal utility for coffee and his marginal utility from the sandwich.

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Business Economics: Every day ivan buys 2 cups of coffee and a sandwich for
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