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Midterm 2 (2022) Maya likes to eat sandwiches and tacos. and the table shows the total utility she gets from eating them. Number eaten 1

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Midterm 2 (2022) Maya likes to eat sandwiches and tacos. and the table shows the total utility she gets from eating them. Number eaten 1 Total utility from sandwiches Total utility from tacos .5 l 2 9 4 ' a 12 6 |.... 1 4 14 8 For which oi the two goods does Maya have diminishing marginal utility? 1:] Sandwiches Ci Tacos C] Both ' C] Neither Points possible: 2 Suppose Maya maximizes her utility by eating 2 sandwiches and 2 tacos. Which of the following must be true about prices? 0 The price of tacos must be twice the price of sandwiches. O The price of sandwiches must be the same as the price of tacos. O The price of sandwiches must be 2.5 times the price at tacos. O The price of sandwiches must be twice the price of tacos. Points possible: 2

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