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    Exam 8: Utility and Demand
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    -The Table Above Gives Jane's Total Utility from Magazines and CDs
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-The Table Above Gives Jane's Total Utility from Magazines and CDs

Question 244

Question 244

Multiple Choice

  -The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. If Jane's total budget for magazines and CDs is $70.00 per week, what is her total utility at her utility maximizing consumer equilibrium? A)  2480 units B)  1870 units C)  210 units D)  30 units
-The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. If Jane's total budget for magazines and CDs is $70.00 per week, what is her total utility at her utility maximizing consumer equilibrium?


A) 2480 units
B) 1870 units
C) 210 units
D) 30 units

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