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Becky needs to decide how many cups of coffee and pieces of cake she will buy for a meeting with an office mate. She estimates
Becky needs to decide how many cups of coffee and pieces of cake she will buy for a meeting with an office mate. She estimates her total utility for different quantities of coffee and cakes below. A cup of coffee is $3.00, and each piece of cake is $1.50. Becky has a total of $9 to spend. What is Becky's total utility if she buys 1 cup of coffee and 4 pieces of cake? Utility from Consumption Cups of Coffee Total Utility from Cups of Coffee Pieces of Cake Total Utility from Pieces of Cake 1 32 1 15 2 58 2 32 3 81 3 48 4 4 63 5 5 77 6 6 90 Total Utility of Different Consumption Bundles Consumption Bundle Cups of Coffee Pieces of Cake Total Utility A 3 0 B 2 2 C 1 4 D 0 6 Provide your answer below: $$
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