The table below shows the quantities of toffee bars and bags of cashews that a consumer could consume over a 1-week period.
Toffee (bars) Cashews (bags)
TABLE 6-1
-Refer to Table 6-1.The maximum utility that a consumer can obtain from toffee bars and bags of cashews per week is
A)22.
B)54.
C)56.
D)64.
E)74.

Question

The table below shows the quantities of toffee bars and bags of cashews that a consumer could consume over a 1-week period.
Toffee (bars) Cashews (bags)
  TABLE 6-1
-Refer to Table 6-1.The maximum utility that a consumer can obtain from toffee bars and bags of cashews per week is
A)22. 
B)54. 
C)56. 
D)64. 
E)74.

Quizplus · Accepted Answer

To calculate the maximum utility, we need to find the combination of toffee bars and bags of cashews that gives the highest total utility. We can see from the table that the highest utility is obtained when we consume 5 toffee bars and 9 bags of cashews, which gives a total utility of 64. Therefore, the maximum utility that a consumer can obtain from toffee bars and bags of cashews per week is 64. The best choice is to consume 5 toffee bars and 9 bags of cashews.

The Table Below Shows the Quantities of Toffee Bars and Bags