If the price of one Weight Watchers frozen dinner is $2 and the price of one dozen jelly doughnuts is $1, which of the following would Kent, a utility-maximizing consumer, buy with his $6? $$ \begin{array} { c }
{ \text { Jelly Danuts } } \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad { \text { Frazen Dinners } } \
\begin{array} { | c | c | c | c | }
\hline \begin{array} { c }
\text { Dazen } \
\text { Consumed per } \
\text { Day }
\end{array} & \begin{array} { c }
\text { Tatal utility (Units di } \
\text { utility) }
\end{array} & \begin{array} { c }
\text { Dinners Consumed } \
\text { per Day }
\end{array} & \begin{array} { c }
\text { Tatal utility (Units df } \
\text { utility) }
\end{array} \
\hline 0 & 0 & 0 & 0 \
\hline 1 & 12 & 1 & 16 \
\hline 2 & 21 & 2 & 32 \
\hline 3 & 27 & 3 & 46 \
\hline 4 & 30 & 4 & 42 \
\hline 5 & 30 & 5 & 42 \
\hline 6 & 28 & 6 & 36 \
\hline
\end{array}\end{array}$$
A)3 frozen dinners
B)2 frozen dinners and 2 dozen jelly doughnuts
C)1 frozen dinner and 4 dozen jelly doughnuts
D)6 dozen jelly doughnuts

Question

If the price of one Weight Watchers frozen dinner is $2 and the price of one dozen jelly doughnuts is $1, which of the following would Kent, a utility-maximizing consumer, buy with his $6? $$ \begin{array} { c } 
 { \text { Jelly Danuts } }  \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad    { \text { Frazen Dinners } } \
\begin{array} { | c | c | c | c | } 
\hline \begin{array} { c } 
\text { Dazen } \
\text { Consumed per } \
\text { Day }
\end{array} & \begin{array} { c } 
\text { Tatal utility (Units di } \
\text { utility) }
\end{array} & \begin{array} { c } 
\text { Dinners Consumed } \
\text { per Day }
\end{array} & \begin{array} { c } 
\text { Tatal utility (Units df } \
\text { utility) }
\end{array} \
\hline 0 & 0 & 0 & 0 \
\hline 1 & 12 & 1 & 16 \
\hline 2 & 21 & 2 & 32 \
\hline 3 & 27 & 3 & 46 \
\hline 4 & 30 & 4 & 42 \
\hline 5 & 30 & 5 & 42 \
\hline 6 & 28 & 6 & 36 \
\hline
\end{array}\end{array}$$
A)3 frozen dinners
B)2 frozen dinners and 2 dozen jelly doughnuts
C)1 frozen dinner and 4 dozen jelly doughnuts
D)6 dozen jelly doughnuts

Quizplus · Accepted Answer

Kent should choose the combination that maximizes his total utility within his budget. Option B (2 frozen dinners and 2 dozen jelly doughnuts) provides a total utility of 32 (dinners) + 21 (doughnuts) = 53, which is the highest total utility achievable with $6.

If the Price of One Weight Watchers Frozen Dinner Is