Use the following to answer questions : $\text { Table: Utility from Candy Bars and Colas }$
$\begin{array}{lccc}
\begin{array}{l}
\text { Units of } \
\text { Candy Bars }
\end{array} & \boldsymbol{M} \boldsymbol{C}_{\text {Candy }} & \begin{array}{c}
\text { Units of } \
\text { Colas }
\end{array} & \boldsymbol{M} \boldsymbol{U}_{\text {Colas }} \
\hline 1 & 8 & 1 & 10 \
2 & 7 & 2 & 8 \
3 & 6 & 3 & 6 \
4 & 5 & 4 & 4 \
5 & 4 & 5 & 3 \
6 & 3 & 6 & 2 \
7 & 2 & 7 & 1 \
8 & 1 & 8 & 0
\end{array}$
-(Table: Utility from Candy Bars and Colas)Use Table: Utility from Candy Bars and Colas.Stan's daily income is $11,the price of a candy bar is $2,and the price of a cola is $1.Given this budget constraint,Stan will receive the MOST utils from consuming _____ candy bar(s)and _____ colas.
A) three;five
B) one;four
C) five;six
D) two;seven

Question

Quizplus · Accepted Answer

Stan's budget constraint is $11 = 2 * candy bars + 1 * colas. To maximize utility, Stan should consume the combination of candy bars and colas that gives him the highest total utility. From the table, we can see that the highest total utility is 14, which is achieved by consuming 3 candy bars and 5 colas.

Use the Following to Answer Questions Table: Utility from Candy Bars and Colas \text { Table: Utility from Candy Bars and Colas } Table: Utility from Candy Bars and Colas

Use the Following to Answer Questions $\text { Table: Utility from Candy Bars and Colas }$