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Demand and Utility Table for Milk Shakes -If the Price of Milk Shakes Was $2

Question 51

Multiple Choice

Demand and Utility Table for Milk Shakes  Price  Quantity Demanded  Marginal Utility  Total Utility $41$3.502$3.003$2.504$2.005\begin{array} { | c | c | c | c | } \hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \\\hline \$ 4 & 1 & & \\\hline \$ 3.50 & 2 & & \\\hline \$ 3.00 & 3 & & \\\hline \$ 2.50 & 4 & & \\\hline \$ 2.00 & 5 & & \\\hline\end{array}
-If the price of milk shakes was $2.50 each,your total utility would be ______ and your marginal utility would be ______.


A) $13.00 and $4.00
B) $15.00 and $4.00
C) $13.00 and $2.50
D) $15.00 and $2.50

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