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Table 56 Shows Nelson's Total Utility for Goods a and
B

Question 132

Essay

Table 5.6 shows Nelson's total utility for Goods A and
B.
 Table 5.6QATUAQBTUB110111215218317322415423511522\begin{array}{l}\text { Table } 5.6\\\begin{array} { c c c c } \hline \mathrm { Q } _ { \mathrm { A } } & \mathrm { TU } _ { \mathrm { A } } & \mathrm { Q } _ { \mathrm { B } } & \mathrm { TU } _ { \mathrm { B } } \\\hline 1 & 10 & 1 & 11 \\2 & 15 & 2 & 18 \\3 & 17 & 3 & 22 \\4 & 15 & 4 & 23 \\5 & 11 & 5 & 22 \\\hline\end{array}\end{array} Suppose the prices for both Good A and B are $1 each.
a) If Nelson's budget is $3, what will his consumption bundle?
b) If Nelson's budget is $4, what will his consumption bundle?
c) If Nelson's budget is $6, what will his consumption bundle?
d) If Nelson's budget is $10, what will his consumption bundle?

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a) 1 unit of Good A and 2 units of Good ...

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