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    Exam 8: Utility and Demand
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    Bags of Popcorn Bottles of Soda
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Bags of Popcorn Bottles of Soda

Question 80

Question 80

Multiple Choice

Bags of Popcorn Bottles of soda
Bags of Popcorn Bottles of soda    -In the table above, if Brent maximizes his utility by consuming 3 bags of popcorn and 3 bottles of soda, then the ratio of the price of popcorn to the price of soda is expected to be A)  1/2. B)  5/6. C)  6/5. D)  2.
-In the table above, if Brent maximizes his utility by consuming 3 bags of popcorn and 3 bottles of soda, then the ratio of the price of popcorn to the price of soda is expected to be


A) 1/2.
B) 5/6.
C) 6/5.
D) 2.

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