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Table 6.2 Number of Total Utility Marginal Utility Candy Bars per Day 40 75 Refer to Table 6.2. The marginal utility of the second candy

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Table 6.2 Number of Total Utility Marginal Utility Candy Bars per Day 40 75 Refer to Table 6.2. The marginal utility of the second candy bar per day is Q 10. Q 15. Q 35. Q 55. Refer to the information provided in Table 6.2 below to answer the questions that follow. Table 6.2 Number of . . . . . Total Utility Marginal Utlllty Candy Bars per Day 40 75 Refer to Table 6.2. The total utility of ve candy bars per day is Q 115. Q 120. Q 130. Q indeterminate from this information. Question 3 0.5 pts Richard is consuming X and Y so that he is spending his entire income and MUx/Px = 6 and MUy/Py = 10. To maximize utility, he should continue to consume the same amount of X and Y since he is already maximizing utility. consume less X and more Y. consume more X and less Y. consume less of both X and Y. Question 4 0.5 pts Sue is maximizing her utility. Her MUx/Px=10 and MUy=40. Then the price of Y must be O $1. O $4. O $10. O $40.Question 5 0.5 pts The marginal utility of the rst cup of coffee that Tom drinks in the morning is worth $2.00. The marginal utility of the 9th cup of coffee he drinks is positive while the marginal utility of the 10th cup of coffee he drinks in the morning is worth $0. This implies that at a price of $0, Tom would drink 0 zero cups of coffee per morning. 0 more than 10 cups of coffee per morning, but the actual number is indeterminate from this information. 0 an innite number of cups of coffee each morning. 0 at most 10 cups of coffee per morning

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