A Big Mac meal costs $3.00 and gives you an additional 5 units of utility; a meal at the Four Seasons Hotel costs $27.00 and gives you an additional 45 units of utility. Based only on the information you have, using the theory of rational choice, you most likely would:
A) choose to eat the Big Mac meal.
B) choose to eat at the Four Seasons Hotel.
C) be indifferent between eating the Big Mac and eating at the Four Seasons Hotel.
D) decide that eating at the Four Seasons Hotel is preferable because though the marginal utilities of both meals are the same, the total utility is greater in the case of the meal at the Four Seasons Hotel.
Correct Answer:
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