Anita consumes both pizza and Pepsi. The following tables show the amount of utility she obtains from

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Anita consumes both pizza and Pepsi. The following tables show the amount of utility she obtains from different amounts of these two goods:

Suppose Pepsi costs $0.50 per can, pizza costs $1 per slice, and Anita has $9 to spend on food and drink. What combination of pizza and Pepsi will maximize herutility?

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Macroeconomics Principles and Applications

ISBN: 978-1133265238

5th edition

Authors: Robert e. hall, marc Lieberman

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Question Posted: Dec 11, 2012 12:18 AM

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Anita consumes both pizza and Pepsi. The following tables show the amount of utility she obtains from

Question:

Pizza Pepsi Quy Utility Qnity Utility antit 4 slices 5 slices 6 slices 7 slices uanti 115 135 154 S canS cans cans 8 cans 63 75 86 96

Step by Step Answer:

Anitas utility is maximized where Or Given the prices in the problem she sho...View the full answer

Macroeconomics Principles and Applications

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