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    Exam 8: Utility and Demand
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    -The Above Table Shows Tammy's Total Utility from Streaming Videos
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-The Above Table Shows Tammy's Total Utility from Streaming Videos

Question 293

Question 293

Multiple Choice

  -The above table shows Tammy's total utility from streaming videos and CDs. If Tammy has $70 to spend on videos and CDs and if the price of a streamed video is $10 and the price of a CD is $20, then Tammy maximizes her utility by purchasing A)  3 CDs and 1 video. B)  1 CD and 5 videos. C)  2 CDs and 3 videos. D)  none of the above.
-The above table shows Tammy's total utility from streaming videos and CDs. If Tammy has $70 to spend on videos and CDs and if the price of a streamed video is $10 and the price of a CD is $20, then Tammy maximizes her utility by purchasing


A) 3 CDs and 1 video.
B) 1 CD and 5 videos.
C) 2 CDs and 3 videos.
D) none of the above.

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