The Table Below Compares the Marginal Benefit Lucinda Gets From Kewpie Dolls and Beanie Babies.

5 value, . 1000 points The table below compares the marginal...

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5 value, . 1000 points The table below compares the marginal benefix Lucinda gets from Kewpie dolls and Beanie Babies. Lucinda's Kewpie Doll and Beanie Baby Marginal Benefit K ie Dolls Beanie Babies Marginal Benefit Marginal Benefit dollars dollars $12.00 Beanie Babies Kewpie Dolls 12.00 800 Hmd-fi ————EI'_ ——a§_-_m_ —-E_—_Ei_ "m"— a. If the price of Kewpie dolls andlhe price of Beanie Babies are both $I, how many of each would Lucinda buy if she were rational? O 1 Kewpie doll and 1 Beanie Baby 0 0 Kewpie dolls and 6 Beanie Babies 0 4 Kewpie dolls and 4 Beanie Babies 0 6 Kewpie dolls and E Beanie Babies b. If Lucinda has only $13k: spend and the price of Kewpie dolls and the price of Beanie Babies are both $6. how many of each would Lucinda buy if she were rational? O 3 Kewpie dolls and 0 Beanie Babies 0 1 Kewpie doll and 2 Beanie Babies 0 0 Kewpie dolls and 3 Beanie Babies 0 2 Kewpie dolls and 1 Banie Baby

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This question was created from Econ_Chapter Review_1 Fundamentals

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The Table Below Compares the Marginal Benefit Lucinda Gets From Kewpie Dolls and Beanie Babies.

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