menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 40
  4. Exam
    Exam 10: The Rational Consumer
  5. Question
    (Table: Utility from Oranges and Starfruit) Oranges Cost $2 Per
Solved

(Table: Utility from Oranges and Starfruit) Oranges Cost $2 Per

Question 95

Question 95

Essay

(Table: Utility from Oranges and Starfruit) Oranges cost $2 per pound and starfruit costs $5 per pound.Calvin has $26 to spend.If Calvin buys 4 pounds of starfruit and 3 pounds of oranges, how much is his total utility?
A.72
B.180
C.252
D.364

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q90: Figure: Budget Lines for Oranges and Apples<br>

Q91: (Table: Bundles of X and Y) Look

Q92: Figure: Consumer Equilibrium IV <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure:

Q93: Figure: Income and Substitution Effects<br>(Figure: Income and

Q94: Figure: Harold's Indifference Curves The figure shows

Q96: The price of popcorn is $0.50 per

Q97: Figure: The Optimal Consumption Bundle<br>(Figure: The Optimal

Q98: Diminishing marginal utility occurs with increasing total

Q99: Scenario: Tom's Budget Constraint<br>Tom is trying to

Q100: Cookie Monster always consumes cookies and milk

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines