Figure 7.5The consumer must decide how to split $20 between spending and saving.Refer to Figure 7.5. If the consumer uses cognition to offset present bias, he/she will maximize utility at a marginal utility per dollar of ________ utils for consumption and ________ utils for saving.

A. 15; 15
B. 15; 30
C. 30; 15
D. 30; 30


Answer: D

Economics

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