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Jed's Weekly Budget for Lunch Is $24

Question 46

Multiple Choice

Jed's weekly budget for lunch is $24. He eats only pizza and burgers. Each pizza costs $6 and each burger costs $3. Jed knows that 2 pizzas and 4 burgers will give him a utility of 8. At his utility-maximizing point, Jed's utility is:


A) 4
B) 8
C) 6
D) 10

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