Say a consumer considered soy milk and skim milk perfect substitutes of each other as a ratio of 1:1. If the skim milk is cheaper than soy milk this consumer would buy

Say a consumer considered soy milk and skim milk perfect substitutes of each other as a ratio of 1:1. If the skim milk is cheaper than soy milk this consumer would buy




A. we can't really say with the information given
B. just skim milk
C. some of both goods but more soy milk
D. some of both goods, but more skim milk


Answer: B. just skim milk


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