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You want to maximize your utility. Here isyour table: Jack in the Box drink: $1.00 Jumbo Jack with cheese: $5.00 Drink Total Utility Jumbo Jack

You want to maximize your utility. Here isyour table:

Jack in the Box drink: $1.00

Jumbo Jack with cheese: $5.00

Drink Total Utility Jumbo Jack Total Utility

0 0 0 0

1 100 1 600

2 220 2 1100

3 280 3 1500

4 330 4 1600

5 350 5 1650

1) What is the Average Utility for 2 drinks?

2) What is theMarginal Utility for4 drinks?

3) What is the Average Utility for 1 Jumbo Jack?

4) What is the Marginal Utility for 5 Jumbo Jacks?

5) What is theMU/P for3 drinks?

6) What is the MU/P for 3 Jumbo Jacks?

7) If you have $25.00 in your purse/wallet, what is the Consumer Optimum?

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