Multiple Choice
The following table shows the marginal benefit that Marcus derives by consuming different quantities of hotdog and soda. The price of a hotdog is $3, and the price of a soda is $1.
-Refer to the table above.The price of a soda increases from $1 to $2.What is the optimal combination of Soda and Hotdog for Marcus,if his weekly budget for hotdog and soda is $10?
A) 2 sodas, and 2 hotdogs
B) 3 sodas, and 3 hotdogs
C) 6 sodas, and 5 hotdogs
D) 4 sodas, and 2 hotdogs
Correct Answer:
Verified
Correct Answer:
Verified
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