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Refer to the Following Table to Answer the Following Questions

Question 12

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Refer to the following table to answer the following questions:
Refer to the following table to answer the following questions:    -Assume that chips cost $1 and soda costs $2.If the consumer has $14,the combination of goods that would maximize his utility per dollar leads to a utility equal to ________ utils. A)  72 B)  84 C)  77 D)  9 E)  99
-Assume that chips cost $1 and soda costs $2.If the consumer has $14,the combination of goods that would maximize his utility per dollar leads to a utility equal to ________ utils.


A) 72
B) 84
C) 77
D) 9
E) 99

Correct Answer:

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