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.If the prices of both toffee bars and bags of cashews are $2 and this consumer has $14 per week to spend on these two snacks,what is the maximum total utility achievable?
A)10
B)15
C)33
D)45
E)57

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.If the prices of both toffee bars and bags of cashews are $2 and this consumer has $14 per week to spend on these two snacks,what is the maximum total utility achievable?
A)10 
B)15 
C)33 
D)45 
E)57

Quizplus · Accepted Answer

The consumer can buy 7 items in total with $14 if each item costs $2. The maximum total utility is achieved by purchasing the combination of items that provides the highest utility within the budget constraint.

The Table Below Shows the Quantities of Toffee Bars and Bags