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The price of x is 200 and the price of y is 100 based on

Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she consumes is 60 utils, and the marginal utility she receives from the last unit of Y she consumes is 30 utils. The price of X is $2.00 and the price of Y is $1.00. Based on the equal marginal principle, these data suggest that Sharon

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Business Management: The price of x is 200 and the price of y is 100 based on

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