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With a total budget available of $48.00, what does the utility- maximizing rule tell you the optimal quantity of Chicken Fajitas and Cheese Quesadillas is?
With a total budget available of $48.00, what does the utility- maximizing rule tell you the optimal quantity of Chicken Fajitas and Cheese Quesadillas is? Chicken Cheese Price $10.00 Fajitas Price $5.00 Quesadillas Total Quantity Total Marginal Utility Marginal Utility Marginal Marginal Utility (1) Utility (3) Quantity (5) Utility (2) per the Price (4) Utility (7) per the Price (8) (6) O O O O -S 25 25 +2.50 15 15 +3.00 2 43 18 +1.80 2 25 10 +2.00 3 59 16 +1.60 3 33 8 +1.60 4 73 14 +1.40 4 39 6 +1.20 5 84 11 +1.10 5 43 5 +1.00 6 93 9 +0.90 6 81 4 +0.80 7 89 -5 0.50 7 84 3 +0.60
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