(Table: Utility from Candy Bars and Sodas) Look at the table Utility from Candy Bars and Sodas.Stan is choosing between two goods, candy bars and sodas, and his marginal utility from each is as shown in the table.Stan's daily income is $11, the price of a candy bar is $2, and the price of a soda is $1.Which consumption bundle will maximize his utility, given this budget constraint?
A.candy bars and 5 sodas
B.1 candy bar and 4 sodas
C.5 candy bars and 6 sodas
D.2 candy bars and 7 sodas

Question

(Table: Utility from Candy Bars and Sodas) Look at the table Utility from Candy Bars and Sodas.Stan is choosing between two goods, candy bars and sodas, and his marginal utility from each is as shown in the table.Stan's daily income is $11, the price of a candy bar is $2, and the price of a soda is $1.Which consumption bundle will maximize his utility, given this budget constraint? 
A.candy bars and 5 sodas
B.1 candy bar and 4 sodas
C.5 candy bars and 6 sodas
D.2 candy bars and 7 sodas

Quizplus · Accepted Answer

The Answer of   (Table: Utility from Candy Bars and Sodas) Look at the table Utility from Candy Bars and Sodas.Stan is choosing between two goods, candy bars and sodas, and his marginal utility from each is as shown in the table.Stan's daily income is $11, the price of a candy bar is $2, and the price of a soda is $1.Which consumption bundle will maximize his utility, given this budget constraint? 
A.candy bars and 5 sodas
B.1 candy bar and 4 sodas
C.5 candy bars and 6 sodas
D.2 candy bars and 7 sodas

(Table: Utility from Candy Bars and Sodas) Look at the Table