Table 21-3
Ethan consumes two goods, milk and pretzels. Milk costs $2 per glass, and he consumes it to the point where the marginal utility he receives from his last glass of milk is 6. Pretzels cost $4 per bag. The relationship between the marginal utility Ethan gets from eating a bag of pretzels and the number of bags he eats per month is as follows:
-Refer to Table 21-3. If Ethan is maximizing his utility, how many bags of pretzels does he buy each month?
A) 4
B) 3
C) 5
D) 6
Correct Answer:
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Q160: Figure 21-8 Q161: Figure 21-9 Q162: Bundle J contains 10 units of good![]()
Graph (a)
Graph (b)
Graph (c) 
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