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George Consumes Two Goods,milk and Cookies

Question 134

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George consumes two goods,milk and cookies.He has maximized his utility given his income.Milk costs $2 per gallon and he consumes it to the point where the marginal utility he receives from drinking a gallon of milk is 6.Cookies cost $4 per bag and the relationship between the marginal utility that George gets from eating a bag of cookies and the number of bags he eats per month is as follows: George consumes two goods,milk and cookies.He has maximized his utility given his income.Milk costs $2 per gallon and he consumes it to the point where the marginal utility he receives from drinking a gallon of milk is 6.Cookies cost $4 per bag and the relationship between the marginal utility that George gets from eating a bag of cookies and the number of bags he eats per month is as follows:   How many bags of cookies does George buy each month? A) 1 B) 2 C) 3 D) 4
How many bags of cookies does George buy each month?


A) 1
B) 2
C) 3
D) 4

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