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table [ [ , Steak & Cheese,Steak & Cheese,Grilled Chicken,Grilled Chicken ] , [ Quantity , MU , MU / P , MU ,
tableSteak & Cheese,Steak & Cheese,Grilled Chicken,Grilled ChickenQuantityMUMUPMUMUP
For steak and cheese sandwiches and grilled chicken sandwiches, the table contains the values of the marginal utility MU and marginal utility per dollar MUP for Mabel Jarvis. Mabel has $ to spend on steak and cheese sandwiches and grilled chicken sandwiches. Which of the following statements is false?
a The price of steak and cheese sandwiches is $ The price of grilled chicken sandwiches is $
b If Mabel maximizes her utility she will buy three grilled chicken sandwiches.
c If Mabel maximizes her utility she will buy two steak and cheese sandwiches.
d We do not have enough information to determine how many sandwiches Mabel will buy to maximize her utility.
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