Multiple Choice
The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3
-Mr. Rational has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced at $2 per unit) . The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30. If Mr. Rational is a utility maximizer, he should:
A) not buy anything.
B) buy more of X and less of Y.
C) buy less of X and more of Y.
D) buy X and Y in the quantities indicated.
E) buy less of X and even lesser than that of Y.
Correct Answer:

Verified
Correct Answer:
Verified
Q48: The below table shows the average utility
Q49: The table given below reports the total
Q50: The below figure shows the various combinations
Q51: The below figure shows the various combinations
Q52: The table given below reports the total
Q54: The table given below depicts the total
Q55: The below figure shows the various combinations
Q56: The below indifference map shows the various
Q57: The table below shows the total utility
Q58: The table given below depicts the total