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steak from steak chicken from chicken 100 1 40 80 35 3 35 3 25 25 4 20 5 10 5 15 6 5 6

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steak from steak chicken from chicken 100 1 40 80 35 3 35 3 25 25 4 20 5 10 5 15 6 5 6 10 John either buys a steak or chicken when dining out. John's marginal utility for steak and chicken is given in the above table. If the price of a steak is $20 and the price of a chicken is $10 and John has $50 to spend on the two goods, what combination of steak and chicken will john consume to maximize his utility? 1 steak and 3 chickens 0 steak and 5 chickens 2 steaks and 1 chicken D 3 steaks and 2 chickens Question 4 1 Point

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