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Consider the table below: . . Marginal Marginal N N Marginal Marginal - - . Total Utility Total Utility - o Utility Per Utility Per
Consider the table below: . . Marginal Marginal N N Marginal Marginal - - . Total Utility Total Utility - o Utility Per Utility Per Quantity Utility Utility (Jeans) (Sweaters) Dollar Dollar (Jeans) (Sweaters) (Jeans) (Sweaters) 0 0 0 - - - 1 9 16 9 16 3 4 2 15 28 6 12 2 3 3 18 36 3 8 1 2 4 19 40 1 4 1/3 1 Suppose that the price of jeans is $3, the price of sweaters is $4, and the consumer has 18% to spend. What bundle of jeans and sweaters will they purchase? Jeans: Sweaters
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