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Sara has $14 to buy taco and sandwich. The taco cost $2 whilst the sandwich cost $4. Complete the table below: Quantity of Sandwich Total
- Sara has $14 to buy taco and sandwich. The taco cost $2 whilst the sandwich cost $4.
- Complete the table below:
Quantity of Sandwich | Total Utility | Marginal Utility | Marginal Utility per Dollar | Quantity of Taco | Total Utility | Marginal Utility | Marginal Utility per Dollar | |
1 | 72 | 40 | 1 | 15 | ||||
2 | 32 | 2 | 27 | |||||
3 | 92 | 20 | 3 | 35 | 8 | |||
4 | 104 | 4 | 6 | |||||
5 | 6 | 5 | 45 | |||||
6 | 2 | 6 | 47 |
- What combination of bun and tart would maximise her utility?_______________________
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