Exhibit 6-4 Total utility for multiplex tickets, video rentals, and popcorn

In Exhibit 6-4, assume the Multiplex tickets cost $6 each, video rentals cost $2 each, and bags of popcorn cost $1 each. Suppose the consumer has $12 per week to spend on multiplex tickets, video rentals, and popcorn. In the consumer equilibrium, what is the marginal utility per dollar for each of the three goods?
A) 5 utils per dollar.
B) 9 utils per dollar.
C) 13 utils per dollar.
D) 22 utils per dollar.

Question

Exhibit 6-4 Total utility for multiplex tickets, video rentals, and popcorn

In Exhibit 6-4, assume the Multiplex tickets cost $6 each, video rentals cost $2 each, and bags of popcorn cost $1 each. Suppose the consumer has $12 per week to spend on multiplex tickets, video rentals, and popcorn. In the consumer equilibrium, what is the marginal utility per dollar for each of the three goods?
A) 5 utils per dollar. 
B) 9 utils per dollar. 
C) 13 utils per dollar. 
D) 22 utils per dollar.

Quizplus · Accepted Answer

The Answer of Exhibit 6-4 Total utility for multiplex tickets, video rentals, and popcorn

In Exhibit 6-4, assume the Multiplex tickets cost $6 each, video rentals cost $2 each, and bags of popcorn cost $1 each. Suppose the consumer has $12 per week to spend on multiplex tickets, video rentals, and popcorn. In the consumer equilibrium, what is the marginal utility per dollar for each of the three goods?
A) 5 utils per dollar. 
B) 9 utils per dollar. 
C) 13 utils per dollar. 
D) 22 utils per dollar.

Exhibit 6-4 Total Utility for Multiplex Tickets, Video Rentals, and Popcorn