Economics 14

Answer the question on the basis of the following two schedules, which show the amounts of additional satisfaction (marginal utility) that a consumer would get from successive quantities of products J and K. Units of J MU ; Units of K MUk 1 56 1 32 2 48 28 W N 32 24 24 4 20 O UT ID W 20 5 12 16 6 10 12 8 What level of total utility is realized from the equilibrium combination of J and K, if the consumer has a money income of $26 and the prices of J and K are $8 and $2, respectively? Multiple Choice O 190 utils O 168 utils O 220 utils O 60 utils