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Table 10-6 Table 10-6 Lists Jay's Marginal Utilities for Burgers and Pepsi

Question 164

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Table 10-6
Table 10-6     Table 10-6 lists Jay's marginal utilities for burgers and Pepsi. Jay has $7 to spend on these two goods. The price of a burger is $2 and the price of a can of Pepsi is $1. -Refer to Table 10-6.What is Jay's optimal consumption bundle? A) 1 burger and 2 cans of Pepsi B) 2 burgers and 3 cans of Pepsi C) 3 burgers and 1 can of Pepsi D) 3 burgers and 2 cans of Pepsi
Table 10-6 lists Jay's marginal utilities for burgers and Pepsi. Jay has $7 to spend on these two goods. The price of a burger is $2 and the price of a can of Pepsi is $1.
-Refer to Table 10-6.What is Jay's optimal consumption bundle?


A) 1 burger and 2 cans of Pepsi
B) 2 burgers and 3 cans of Pepsi
C) 3 burgers and 1 can of Pepsi
D) 3 burgers and 2 cans of Pepsi

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