Sergio is maximizing utility in his consumption of beer and bubble gum. If the price of beer is greater than the price of bubble gum, then we know

Question

Answer

the marginal utility from the last purchased beer is greater than the marginal utility from the last purchased bubble gum.

Answer

the marginal utilities from the last purchased beer and bubble gum are equal.

Answer

the marginal utility from the last purchased bubble gum is greater than the marginal utility from the last purchased beer.

Answer

Sergio buys more beer than bubble gum.

Answer

Sergio buys more bubble gum than beer.

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