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-Given the Data in the Above Table, Income of $13

Question 306

Multiple Choice

  -Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2 for a hamburger, what is the quantity of water and the quantity of hamburgers that will maximize the consumer's total utility? A)  5 bottles of water and 4 hamburgers B)  4 bottles of water and 4 hamburgers C)  1 bottle of water and 6 hamburgers D)  6 bottles of water and 6 hamburgers
-Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2 for a hamburger, what is the quantity of water and the quantity of hamburgers that will maximize the consumer's total utility?


A) 5 bottles of water and 4 hamburgers
B) 4 bottles of water and 4 hamburgers
C) 1 bottle of water and 6 hamburgers
D) 6 bottles of water and 6 hamburgers

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