Multiple Choice
Table 21-3
Ethan consumes two goods, milk and pretzels. Milk costs $2 per glass, and he consumes it to the point where the marginal utility he receives from his last glass of milk is 6. Pretzels cost $4 per bag. The relationship between the marginal utility Ethan gets from eating a bag of pretzels and the number of bags he eats per month is as follows:
-Refer to Table 21-3. If Ethan is maximizing his utility, how many bags of pretzels does he buy each month?
A) 4
B) 3
C) 5
D) 6
Correct Answer:

Verified
Correct Answer:
Verified
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