Five consumers have the following marginal utilities of apples and pears: Consumer Marginal Utility of Apples Marginal Utility of Pears Dmitri 8 10 Frances 7 16 Jake 6 12 Latasha 5 9 Nick 4 8 The price of an apple is $1, and the price of a pear is $2. Which, if any, of these consumers are optimizing over their choice of fruit?
a. Dmitri
b. Frances
c. Jake
d. Latasha
e. Nick
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Home » Business » Five consumers have the following marginal utilities of apples and pears: Consumer Marginal Utility of Apples Marginal Utility of Pears Dmitri 8 10 Frances 7 16 Jake 6 12 Latasha 5 9 Nick 4 8 The price of an apple is $1, and the price of a pear is