Problem
(Utility-Maximizing Conditions) For a particular consumer, the marginal utility of cookies equals the marginal utility of candy. If the price of a cookie is less than the price of candy, is the consumer in equilibrium? Why or why not? If not, what should the consumer do to attain equilibrium?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.