Question
Table 5.15 Quantity Consumed MU Apples MU Bananas 1 20 18 2 18 17 3 16 14 4 14 11 5 12 8 6 10
Table 5.15 | ||
Quantity Consumed | MU Apples | MU Bananas |
1 | 20 | 18 |
2 | 18 | 17 |
3 | 16 | 14 |
4 | 14 | 11 |
5 | 12 | 8 |
6 | 10 | 5 |
7 | 8 | 2 |
8 | 6 | 0 |
Refer to Table 5.15 to answer this question.Suppose that the price of both apples and bananas is $1 each and this consumer has $8 to spend.In order to maximize hertotal utility, how many of each should she purchase?
Select one:
A.8 bananas.
B.5 apples and 3 bananas.
C.8 apples.
D.4 apples and 4 bananas.
E.3 apples and 5 bananas.
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Question text
Table 5.15 | ||
Quantity Consumed | MU Apples | MU Bananas |
1 | 20 | 18 |
2 | 18 | 17 |
3 | 16 | 14 |
4 | 14 | 11 |
5 | 12 | 8 |
6 | 10 | 5 |
7 | 8 | 2 |
8 | 6 | 0 |
Refer to Table 5.15 to answer this question.Suppose that the price of an apple is $2 and the price of a banana is $1 and this consumer has $8 to spend.In order to maximize hertotal utility, how many of each should she purchase?
Select one:
A.2 apples and 4 bananas.
B.8 bananas.
C.4 apples.
D.1 apple and 6 bananas.
E.3 apples and 2 bananas.
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