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Iced Tea Sandwiches Total Marginal Utility Per Quantity Utility Marginal Utility Dollar Spent Total Quantity Utility Marginal Utility 0 10 Marginal Utility Per Dollar Spent

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Iced Tea Sandwiches Total Marginal Utility Per Quantity Utility Marginal Utility Dollar Spent Total Quantity Utility Marginal Utility 0 10 Marginal Utility Per Dollar Spent 0 0 1 48 1 54 2 84 2 102 3 3 108 3 144 4 126 4 4 177 5 5 132 5 201 6 132 16 219 7 126 7 222 The above table shows the total utility Nick gets from sandwiches and from iced tea. The price of a sandwich is $6 and the price of an iced tea is $3. Nick has $30 to spend on these two products Please calculate the columns for marginal utility and marginal utility per dollar spent for both sandwiches and iced tea Enter the values in the table above

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