Multiple Choice
Cookies Cake
-The above table shows Homer's marginal utility from consuming various quantities of chocolate chip cookies and cake. The price of cookies is $1 per pound, the price of cake is $2 per slice and Homer has $9 to spend on cookies and cake. Homer will consume ________ pounds of cookies and ________ slices of cake.
A) 5; 2
B) 2; 5
C) 3; 3
D) None of the above answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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