Multiple Choice
The table shown describes the different combinations of goods that Jack can consume, given that he has $10 to spend on these two items.
What is the total utility Jack will receive if he consumes bundle D?
A) 1,160
B) 1,300
C) 950
D) 2,220
Correct Answer:

Verified
Correct Answer:
Verified
Q124: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8422/.jpg" alt=" If the graph
Q125: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8422/.jpg" alt=" Assume Hannah's budget
Q126: After browsing the shoe store for a
Q127: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8422/.jpg" alt=" Assume the graph
Q128: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8422/.jpg" alt=" Assume Doug's budget
Q130: When a person's income increases:<br>A)more bundles of
Q131: Individuals will make choices to maximize their:<br>A)constraints.<br>B)utility.<br>C)income.<br>D)values.
Q132: Utility is useful when:<br>A)comparing the relative satisfaction
Q133: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8422/.jpg" alt=" Assume Bryce's budget
Q134: Sam has $200 a month to spend