Traci consumes two goods,lemonade and pretzels.Lemonade costs $1 per glass,and she consumes it to the point where the marginal utility she receives from her last glass of lemonade is 3.Pretzels cost $2 per bag.The relationship between the marginal utility Traci gets from eating a bag of pretzels and the number of bags she eats per month is as follows:
If Traci is maximizing his utility,how many bags of potato chips does he buy each month?
A) 3
B) 4
C) 5
D) 6

Question

Traci consumes two goods,lemonade and pretzels.Lemonade costs $1 per glass,and she consumes it to the point where the marginal utility she receives from her last glass of lemonade is 3.Pretzels cost $2 per bag.The relationship between the marginal utility Traci gets from eating a bag of pretzels and the number of bags she eats per month is as follows: 
If Traci is maximizing his utility,how many bags of potato chips does he buy each month?
A) 3 
B) 4 
C) 5 
D) 6

Quizplus · Accepted Answer

The Answer of Traci consumes two goods,lemonade and pretzels.Lemonade costs $1 per glass,and she consumes it to the point where the marginal utility she receives from her last glass of lemonade is 3.Pretzels cost $2 per bag.The relationship between the marginal utility Traci gets from eating a bag of pretzels and the number of bags she eats per month is as follows: 
If Traci is maximizing his utility,how many bags of potato chips does he buy each month?
A) 3 
B) 4 
C) 5 
D) 6

Traci Consumes Two Goods,lemonade and Pretzels