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-Liz Consumes Two Goods,candy Bars and Potato Chips

Question 127

Multiple Choice

  -Liz consumes two goods,candy bars and potato chips.Her budget is $4 per day.The price of a candy bar is $1.00 and the price of a bag of chips is 50 cents.Her utility is in the table above.How much marginal utility per dollar does the 3rd bag of potato chips give Liz? A)  18 B)  4 C)  8 D)  36 E)  We need more information to be able to answer the question.
-Liz consumes two goods,candy bars and potato chips.Her budget is $4 per day.The price of a candy bar is $1.00 and the price of a bag of chips is 50 cents.Her utility is in the table above.How much marginal utility per dollar does the 3rd bag of potato chips give Liz?


A) 18
B) 4
C) 8
D) 36
E) We need more information to be able to answer the question.

Correct Answer:

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