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    Exam 8: Utility and Demand
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    Milkshakes Sodas -The Table Above Shows Tom's Total Utility from Milkshakes and Utility
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Milkshakes Sodas -The Table Above Shows Tom's Total Utility from Milkshakes and Utility

Question 93

Question 93

Multiple Choice

Milkshakes Sodas
Milkshakes Sodas    -The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for milkshakes and sodas is $20.00 per week. Milkshakes cost $2.00 each and sodas cost $.50 each. What quantity of milkshakes does Tom purchase at his consumer equilibrium? A)  five B)  six C)  seven D)  eight
-The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for milkshakes and sodas is $20.00 per week. Milkshakes cost $2.00 each and sodas cost $.50 each. What quantity of milkshakes does Tom purchase at his consumer equilibrium?


A) five
B) six
C) seven
D) eight

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