jennypay3550 jennypay3550
  • 25-08-2022
  • Mathematics
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If the price of kewpie dolls is $8 per doll, how many dolls would lucinda buy if she is rational?

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Parrain
Parrain Parrain
  • 29-08-2022

Based on Lucinda's marginal benefit when the Kewpie price is $8 per doll, a rational Lucinda would buy 4 dolls.

How many dolls would a rational person buy?

Lucinda would buy the same number of dolls that would equate their price to their marginal benefit to her.

If the price is $8 therefore, the number of dolls that corresponds to the marginal benefit of $8 is 4 dolls.

Lucinda would therefore buy 4 dolls.

Find out more on marginal benefit at https://brainly.com/question/8136407

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