Solved

The Following Table Shows Mia's $ Marginal Utility for Litres

Question 31

Multiple Choice

The following table shows Mia's $ marginal utility for litres of soya milk:
The following table shows Mia's $ marginal utility for litres of soya milk:    -Refer to the above table to answer this question.Suppose that Mia has a budget of $7 and the price of a litre of soya milk is $1,what is the maximum quantity that Mia might purchase? A) 0. B) 4 litres. C) 5 litres. D) 6 litres. E) Cannot be determined.
-Refer to the above table to answer this question.Suppose that Mia has a budget of $7 and the price of a litre of soya milk is $1,what is the maximum quantity that Mia might purchase?


A) 0.
B) 4 litres.
C) 5 litres.
D) 6 litres.
E) Cannot be determined.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions