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    Exam 8: Utility and Demand
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    -The Table Above Gives the Utility from Pens and Pencils
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-The Table Above Gives the Utility from Pens and Pencils

Question 136

Question 136

Multiple Choice

  -The table above gives the utility from pens and pencils. If the consumer has an income of $4, pens cost $1, and pencils cost $.20, what is the consumer's total utility when he or she maximizes utility? A)  374 B)  225 C)  405 D)  365
-The table above gives the utility from pens and pencils. If the consumer has an income of $4, pens cost $1, and pencils cost $.20, what is the consumer's total utility when he or she maximizes utility?


A) 374
B) 225
C) 405
D) 365

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