Refer to the information provided in Figure 6.10 below to answer the question(s) that follow. Figure 6.10
-Refer to Figure 6.10. The current price of a turkey sandwich is $6. If Kyle is currently buying five turkey sandwiches a week, he ________ maximizing utility because the marginal utility ________ than its price.
A) is; from the fifth sandwich is greater
B) is; from the fifth sandwich is less
C) is not; gained from the fifth sandwich is less
D) is not; gained from the fifth sandwich is greater

Question

Refer to the information provided in Figure 6.10 below to answer the question(s) that follow.  Figure 6.10
-Refer to Figure 6.10. The current price of a turkey sandwich is $6. If Kyle is currently buying five turkey sandwiches a week, he ________ maximizing utility because the marginal utility ________ than its price.
A) is; from the fifth sandwich is greater 
B) is; from the fifth sandwich is less 
C) is not; gained from the fifth sandwich is less 
D) is not; gained from the fifth sandwich is greater

Quizplus · Accepted Answer

Kyle is not maximizing utility because the marginal utility gained from the fifth sandwich is greater than its price, indicating he could increase his total utility by consuming more sandwiches.

Refer to the Information Provided in Figure 6