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Question 313

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Use the following to answer question: Use the following to answer question: -(Table: Utility from Milk and Honey) Look at the table Utility from Milk and Honey. The price of milk is $2 and the price of honey is $4. If Max's income is $16, he buys _____ bottle(s) of milk and _____ jar(s) of honey. A) 1; 1 B) 4; 2 C) 5; 4 D) 6; no
-(Table: Utility from Milk and Honey) Look at the table Utility from Milk and Honey. The price of milk is $2 and the price of honey is $4. If Max's income is $16, he buys _____ bottle(s) of milk and _____ jar(s) of honey.


A) 1; 1
B) 4; 2
C) 5; 4
D) 6; no

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