The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for milkshakes and sodas is $20.00 per week. Milkshakes cost $2.00 each and sodas cost $1.00 each

What quantity of sodas does Tom purchase at his consumer equilibrium? A) five
B) six
C) seven
D) eight


B

Economics

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The ability to produce a good at a lower opportunity cost than others is known as

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The mainstream view is that macro instability is caused by:

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According to the Lucas supply function, the economy will produce ________ output when prices are unexpectedly ________ than when prices are at their expected level.

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Economics