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Author Question: The table below shows the quantities of toffee bars and bags of cashews that a consumer could ... (Read 56 times)

Emmejo01

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The table below shows the quantities of toffee bars and bags of cashews that a consumer could consume over a 1-week period.

Toffee (bars)Cashews (bags)
UnitsMarginal UtilityTotal
Utility
Marginal
Utility
Total
Utility
110101212
28181022
3523 729
4326 534
5127 236
6027 137
7027 037

TABLE 6-4

Refer to Table 6-4. If this consumer purchases 3 toffee bars and 4 bags of cashews per week, his/her total utility will be
◦ 54.
◦ 7.
◦ 57.
◦ 23.
◦ 31.


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Marked as best answer by Emmejo01 on Oct 12, 2022

Jaclyn92G6

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Emmejo01

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


rachel

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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