An additional unit of Old Product X will bring Cindy an MU of 15 utils; an...
An additional unit of Old Product X will bring Cindy an MU of 15 utils; an additional unit of New Product Y will bring Cindy an MU of 30 utils; and an additional unit of New Product Z will bring Cindy an MU of 40 utils. If a unit of Old Product X costs $10, a unit of New Product Y costs $30, and a unit of New Product Z costs $20, which product will Cindy prefer to spend her money on?
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Old Product X
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New Product Y
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New Product Z
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More information is required.
Homework Answers
Answer is New Product Z.
Because of least cost per candy, Cindy shall prefer New Product Z.
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An additional unit of
Old Product X will bring Cindy an MU of 15 utils; an...
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