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Bruce Wayne is trying to maximize his utility by buying 5 Batman outfits and 2 Batmobiles. Mr. Wayne's marginal utility from the 5th Batman outfit
Bruce Wayne is trying to maximize his utility by buying 5 Batman outfits and 2 Batmobiles. Mr. Wayne's marginal utility from the 5th Batman outfit is 400 utils, and his marginal utility from the 2nd Batmobile is 50,000 utils. The price of Batman outfits is $500 each, and the price of Batmobiles is $100,000 each. Assuming Mr. Wayne is spending all his disposable income, is his current choice maximizing his total utility
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