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Complete Table 19

Question 47

Multiple Choice

Complete Table 19.3 below. Assume the price of cola is $8 per unit and the price of pretzels is $4 per unit. Complete Table 19.3 below. Assume the price of cola is $8 per unit and the price of pretzels is $4 per unit. Refer to Table 19.3. If Michael has $48 to spend on cola and pretzels, what combination should he purchase in order to maximize his utility? A) Four colas and four pretzels. B) Five colas and two pretzels. C) Three colas and five pretzels. D) Five colas and five pretzels. Refer to Table 19.3. If Michael has $48 to spend on cola and pretzels, what combination should he purchase in order to maximize his utility?


A) Four colas and four pretzels.
B) Five colas and two pretzels.
C) Three colas and five pretzels.
D) Five colas and five pretzels.

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