This topic contains a solution. Click here to go to the answer

Author Question: The table below shows the quantities of toffee bars and bags of cashews that a consumer could ... (Read 34 times)

hgjjghgjh

  • Full Member
  • ***
  • Posts: 132
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 the prices of toffee bars and bags of cashews are both $1 and this consumer has $11 per week to spend on snacks, how many of each will he/she purchase?
◦ 6 toffee bars and 5 bags of cashews
◦ 5 toffee bars and 5 bags of cashews
◦ 4 toffee bars and 7 bags of cashews
◦ 5 toffee bars and 6 bags of cashews
◦ 3 toffee bars and 8 bags of cashews


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by hgjjghgjh on Oct 12, 2022

Sha

  • Full Member
  • ***
  • Posts: 179
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




hgjjghgjh

  • Member
  • Posts: 132
Reply 2 on: Oct 12, 2022
:D TYSM


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library