Table 6.6 Table 6.6 lists Jay's marginal utilities for burgers and Pepsi.Jay has $7 to spend on these two goods.The price of a burger is $2 and the price of a can of Pepsi is $1.
-Refer to Table 6.6.Jay's optimal consumption bundle is
A)1 burger and 2 Pepsis
B)2 burgers and 3 Pepsis
C)3 burgers and 1 Pepsi
D)3 burgers and 2 Pepsis

Question

Table 6.6  Table 6.6 lists Jay's marginal utilities for burgers and Pepsi.Jay has $7 to spend on these two goods.The price of a burger is $2 and the price of a can of Pepsi is $1.
-Refer to Table 6.6.Jay's optimal consumption bundle is
A)1 burger and 2 Pepsis 
B)2 burgers and 3 Pepsis 
C)3 burgers and 1 Pepsi 
D)3 burgers and 2 Pepsis

Quizplus · Accepted Answer

The Answer of Table 6.6  Table 6.6 lists Jay's marginal utilities for burgers and Pepsi.Jay has $7 to spend on these two goods.The price of a burger is $2 and the price of a can of Pepsi is $1.
-Refer to Table 6.6.Jay's optimal consumption bundle is
A)1 burger and 2 Pepsis 
B)2 burgers and 3 Pepsis 
C)3 burgers and 1 Pepsi 
D)3 burgers and 2 Pepsis

Table 66 Table 6