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Suppose That for Jason the Marginal Utility of $50-Per-Serving Caviar

Question 146

Multiple Choice

Suppose that for Jason the marginal utility of $50-per-serving caviar is 100 and the marginal utility of $1-per-serving popcorn is 10.For his snack, Jason should buy


A) the caviar if he has the $50; otherwise the popcorn
B) the caviar if he has the $50; otherwise nothing
C) the popcorn, whether he has the $50 or not
D) one serving each of the caviar and popcorn, if he has $51
E) five servings of popcorn for each serving of caviar

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