Refer to the accompanying table to answer the questions.
-For 2 chips and 5 sodas to be a combination of goods that maximizes your utility per dollar, the price of chips must be ____________ if the price of soda is $1.00.
A) $2.00
B) $3.00
C) $2.50
D) $3.50
E) $3.75
Correct Answer:
Verified
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