Joey is a college student living in Boston. He has preferences over only two goods, small pies at Pizzeria Regina (denoted by PR) and Red Sox games (denoted by RS). Joey has $150 per month in disposable income to spend on baseball games and pizza, the price of a small pie at Pizzeria Regina is $10 and the price of a Red Sox ticket is $20.

Using the table below, solve for the bundle of small Regina Pizzeria pies and Red Sox games that maximizes Joey's utility/well-being/satisfaction. Complete the questions below to answer the online questions.

1. Fill in the missing information in the above table.
2. Identify all combinations that meet the utility maximizing rule.
3. Identify all expenditures for all combinations in Part 2.
4. What is the combination of pies and games that maximizes Joey's utility?
5. At the utility maximizing point, what is Joey's utility level?

a)How many bundles satisfy the utility maximizing rule?

b)What is the expenditure for the utility maximizing bundle?

c)What is the quantity demanded of pizzas in the utility maximizing bundle?

d)What is the quantity demanded of games in the utility maximizing bundle?

e)What is Joey's total utility at the optimum?

Pizzas	Red Sox Games
Qty	TU	MU	MU/$	Qty	TU	MU	MU/$
0	0	NA	NA	0	0	NA	NA
1	100			1	240
2	195			2	460
3	285			3	660
4	370			4	840
5	450			5	1000
6	525			6	1140
7	595			7	1260
8	660
9	710
10	740