A)Assume hamburgers and hot dogs are substitutes. A decrease in the price of hot dogs will cause a movement from
B)Rachel is consuming A and B so that MUA/PA = 1 and MUB/PB = 16. To maximize utility, Rachel should
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aining Time: 1 hour, 55 minutes, 34 seconds.estion Completion Status:QUESTION 8Rachel is consuming A and B so that MUA/PA = 1 and MUB/PB = 16. To maximize utility, Rachel shouldcontinue to consume the same amount of A and B since the consumer is already maximizing utility.consume less of both A and B.consume more A and less B.consume less A and more B.