Joe is maximizing utility by consuming three colas at $2 apiece and four hot dogs at $3 apiece. The last cola gave him 200 units of utility. How many units of utility did the last hot dog give him?
A) 133.33
B) 300
C) 10
D) 600

Question

Quizplus · Accepted Answer

The Answer of Joe is maximizing utility by consuming three colas at $2 apiece and four hot dogs at $3 apiece. The last cola gave him 200 units of utility. How many units of utility did the last hot dog give him?
A) 133.33
B) 300
C) 10
D) 600

Joe Is Maximizing Utility by Consuming Three Colas at $2