Multiple Choice
The following table shows Ketta's total utility for coffee and croissants.
-Refer to Table 5.16 to answer this question.If Ketta has a budget of $15 and the price of croissants is $3,but the price of coffees is $2,what will be her optimal purchase?
A) 5 croissants.
B) 3 coffees and 2 croissants
C) 3 coffees and 3 croissants
D) 4 coffees and 3 croissants.
E) 6 coffees and 1 croissant.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: The following table shows Pierre's utility for
Q44: The following table shows the utility (measured
Q45: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5692/.jpg" alt=" -Refer to Figure
Q46: The following table shows the utility (measured
Q47: Table 5.3 shows Sam's marginal utility for
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5692/.jpg" alt=" -Refer to Table
Q50: When is marginal utility equal to zero?<br>A)When
Q51: Assume the utility Janet obtains from consuming
Q52: What concept explains why a consumer should
Q53: Under which of the following circumstances will